ST Germain D J Co. Inc. Sells 553 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

ST Germain D J Co. Inc. reduced its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,273 shares of the company’s stock after selling 553 shares during the quarter. ST Germain D J Co. Inc.’s holdings in iShares Preferred and Income Securities ETF were worth $2,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of PFF. Viewpoint Capital Management LLC purchased a new stake in shares of iShares Preferred and Income Securities ETF in the second quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares Preferred and Income Securities ETF in the 2nd quarter worth approximately $43,000. First PREMIER Bank bought a new stake in iShares Preferred and Income Securities ETF in the 3rd quarter worth approximately $53,000. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares Preferred and Income Securities ETF during the 1st quarter worth approximately $56,000. Finally, Webster Bank N. A. boosted its position in shares of iShares Preferred and Income Securities ETF by 34.8% during the 1st quarter. Webster Bank N. A. now owns 1,867 shares of the company’s stock valued at $60,000 after acquiring an additional 482 shares during the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

Shares of PFF opened at $33.48 on Friday. The stock has a market capitalization of $15.53 billion, a PE ratio of 3.91 and a beta of 0.51. The company’s fifty day moving average is $32.79 and its 200 day moving average is $31.97. iShares Preferred and Income Securities ETF has a fifty-two week low of $28.15 and a fifty-two week high of $33.59.

iShares Preferred and Income Securities ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1632 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares Preferred and Income Securities ETF 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.