iShares Preferred and Income Securities ETF (NASDAQ:PFF) Shares Sold by Mathes Company Inc.

Mathes Company Inc. lessened its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 28.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 40,150 shares of the company’s stock after selling 15,700 shares during the period. Mathes Company Inc.’s holdings in iShares Preferred and Income Securities ETF were worth $1,262,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV grew its stake in iShares Preferred and Income Securities ETF by 2.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 14,323 shares of the company’s stock valued at $476,000 after purchasing an additional 306 shares in the last quarter. Avior Wealth Management LLC grew its stake in iShares Preferred and Income Securities ETF by 5.5% during the 3rd quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock valued at $249,000 after purchasing an additional 390 shares in the last quarter. Bogart Wealth LLC grew its stake in iShares Preferred and Income Securities ETF by 13.3% during the 3rd quarter. Bogart Wealth LLC now owns 4,025 shares of the company’s stock valued at $134,000 after purchasing an additional 471 shares in the last quarter. Continuum Advisory LLC grew its stake in iShares Preferred and Income Securities ETF by 8.2% during the 3rd quarter. Continuum Advisory LLC now owns 6,411 shares of the company’s stock valued at $209,000 after purchasing an additional 484 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in iShares Preferred and Income Securities ETF by 0.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 65,845 shares of the company’s stock valued at $2,188,000 after purchasing an additional 493 shares in the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.3 %

Shares of NASDAQ PFF opened at $31.80 on Monday. The company has a market capitalization of $14.76 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a twelve month low of $30.56 and a twelve month high of $33.59. The business has a 50 day simple moving average of $31.74 and a 200-day simple moving average of $32.35.

iShares Preferred and Income Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1755 per share. This is a positive change from iShares Preferred and Income Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, February 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.