Farther Finance Advisors LLC Sells 6,243 Shares of iShares Preferred and Income Securities ETF $PFF

Farther Finance Advisors LLC lessened its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 29.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 14,914 shares of the company’s stock after selling 6,243 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Preferred and Income Securities ETF were worth $458,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Peoples Bank KS lifted its stake in shares of iShares Preferred and Income Securities ETF by 0.3% during the second quarter. Peoples Bank KS now owns 130,024 shares of the company’s stock valued at $3,989,000 after acquiring an additional 359 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in shares of iShares Preferred and Income Securities ETF by 2.0% in the first quarter. Farmers & Merchants Investments Inc. now owns 19,509 shares of the company’s stock worth $600,000 after acquiring an additional 375 shares in the last quarter. Titleist Asset Management LLC increased its holdings in shares of iShares Preferred and Income Securities ETF by 4.1% in the first quarter. Titleist Asset Management LLC now owns 10,076 shares of the company’s stock worth $310,000 after acquiring an additional 400 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of iShares Preferred and Income Securities ETF by 0.4% during the first quarter. Parallel Advisors LLC now owns 118,869 shares of the company’s stock worth $3,653,000 after buying an additional 497 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in shares of iShares Preferred and Income Securities ETF by 1.7% during the first quarter. Crestwood Advisors Group LLC now owns 33,088 shares of the company’s stock worth $1,017,000 after buying an additional 545 shares in the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

NASDAQ:PFF opened at $31.79 on Friday. The company has a market cap of $14.46 billion, a PE ratio of 3.71 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 52-week low of $28.70 and a 52-week high of $33.59. The stock has a 50-day simple moving average of $31.53 and a 200 day simple moving average of $30.77.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were paid a $0.1607 dividend. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Tuesday, September 2nd.

iShares Preferred and Income Securities ETF Company Profile

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.