Parkside Investments LLC Sells 22,856 Shares of iShares Preferred and Income Securities ETF $PFF

Parkside Investments LLC cut its holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 464,042 shares of the company’s stock after selling 22,856 shares during the quarter. iShares Preferred and Income Securities ETF makes up approximately 1.8% of Parkside Investments LLC’s holdings, making the stock its 12th largest holding. Parkside Investments LLC owned about 0.10% of iShares Preferred and Income Securities ETF worth $14,367,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Greenleaf Trust grew its stake in shares of iShares Preferred and Income Securities ETF by 5.5% in the fourth quarter. Greenleaf Trust now owns 1,208,436 shares of the company’s stock worth $37,413,000 after purchasing an additional 63,063 shares during the last quarter. Jaffetilchin Investment Partners LLC grew its stake in shares of iShares Preferred and Income Securities ETF by 1.4% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 763,604 shares of the company’s stock worth $23,641,000 after purchasing an additional 10,895 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in shares of iShares Preferred and Income Securities ETF by 2.1% in the third quarter. SBI Securities Co. Ltd. now owns 445,056 shares of the company’s stock worth $14,073,000 after purchasing an additional 9,087 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of iShares Preferred and Income Securities ETF by 11.5% in the third quarter. Jones Financial Companies Lllp now owns 401,773 shares of the company’s stock worth $12,772,000 after purchasing an additional 41,428 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of iShares Preferred and Income Securities ETF by 6.9% in the third quarter. NewEdge Advisors LLC now owns 384,072 shares of the company’s stock worth $12,144,000 after purchasing an additional 24,761 shares during the last quarter. 4.70% of the stock is owned by institutional investors.

iShares Preferred and Income Securities ETF Price Performance

NASDAQ PFF opened at $31.24 on Tuesday. The stock has a market capitalization of $13.85 billion, a PE ratio of 3.71 and a beta of 0.53. iShares Preferred and Income Securities ETF has a 1 year low of $29.86 and a 1 year high of $32.26. The business’s 50-day moving average is $31.02 and its 200 day moving average is $31.17.

iShares Preferred and Income Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.1403 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 5.4%.

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. The Underlying Index includes preferred stocks with a market capitalization over $100 million, which meet minimum price, liquidity, trading volume, maturity and other requirements determined by Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw Hill Companies (S&P).