iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets lowered its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFFFree Report) by 97.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,418 shares of the company’s stock after selling 494,574 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Preferred and Income Securities ETF were worth $356,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Sugarloaf Wealth Management LLC boosted its position in iShares Preferred and Income Securities ETF by 45.5% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $64,000 after acquiring an additional 640 shares during the last quarter. PSI Advisors LLC boosted its holdings in shares of iShares Preferred and Income Securities ETF by 16.3% during the fourth quarter. PSI Advisors LLC now owns 2,403 shares of the company’s stock worth $75,000 after purchasing an additional 337 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of iShares Preferred and Income Securities ETF by 18.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,781 shares of the company’s stock valued at $118,000 after purchasing an additional 584 shares during the period. ORG Partners LLC increased its stake in iShares Preferred and Income Securities ETF by 47.1% in the fourth quarter. ORG Partners LLC now owns 4,056 shares of the company’s stock valued at $127,000 after purchasing an additional 1,298 shares during the last quarter. Finally, Financial Management Professionals Inc. lifted its position in iShares Preferred and Income Securities ETF by 16.3% during the fourth quarter. Financial Management Professionals Inc. now owns 5,422 shares of the company’s stock worth $169,000 after buying an additional 761 shares during the period. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

PFF opened at $31.68 on Wednesday. iShares Preferred and Income Securities ETF has a 12 month low of $28.15 and a 12 month high of $32.66. The business has a 50-day moving average of $31.49 and a two-hundred day moving average of $31.49. The stock has a market capitalization of $14.48 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 7th. Investors of record on Monday, June 3rd will be issued a $0.1634 dividend. The ex-dividend date is Monday, June 3rd. This represents a $1.96 dividend on an annualized basis and a yield of 6.19%.

About iShares Preferred and Income Securities ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

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