1,750 Shares in iShares Preferred and Income Securities ETF (NASDAQ:PFF) Bought by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC acquired a new position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,750 shares of the company’s stock, valued at approximately $56,000.

A number of other institutional investors have also recently bought and sold shares of PFF. ORG Partners LLC boosted its holdings in shares of iShares Preferred and Income Securities ETF by 47.1% in the 4th quarter. ORG Partners LLC now owns 4,056 shares of the company’s stock worth $127,000 after buying an additional 1,298 shares during the last quarter. Kickstand Ventures LLC. bought a new stake in iShares Preferred and Income Securities ETF in the fourth quarter worth about $4,449,000. Kingswood Wealth Advisors LLC purchased a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at about $411,000. Harbor Investment Advisory LLC grew its position in shares of iShares Preferred and Income Securities ETF by 7.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 13,587 shares of the company’s stock valued at $424,000 after acquiring an additional 920 shares during the period. Finally, Prime Capital Investment Advisors LLC increased its stake in shares of iShares Preferred and Income Securities ETF by 3.4% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 26,711 shares of the company’s stock worth $833,000 after purchasing an additional 884 shares during the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Down 0.0 %

iShares Preferred and Income Securities ETF stock opened at $31.64 on Thursday. The business’s 50 day simple moving average is $31.45 and its 200 day simple moving average is $31.61. iShares Preferred and Income Securities ETF has a 12 month low of $28.15 and a 12 month high of $32.66. The company has a market cap of $14.47 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.1634 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $1.96 annualized dividend and a dividend yield of 6.20%.

About iShares Preferred and Income Securities ETF

iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.