Community Bank N.A. Buys 10,511 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Community Bank N.A. grew its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 10.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,657 shares of the company’s stock after acquiring an additional 10,511 shares during the period. Community Bank N.A.’s holdings in iShares Preferred and Income Securities ETF were worth $3,352,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of PFF. YANKCOM Partnership acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $27,000. Golden State Wealth Management LLC acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $27,000. Compass Financial Services Inc acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $34,000. Mainstream Capital Management LLC acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $34,000. Finally, Synergy Investment Management LLC acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $51,000. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

Shares of NASDAQ:PFF opened at $31.31 on Friday. iShares Preferred and Income Securities ETF has a 52-week low of $30.56 and a 52-week high of $33.59. The company has a market capitalization of $14.50 billion, a P/E ratio of 3.86 and a beta of 0.60. The company has a 50-day simple moving average of $31.57 and a 200 day simple moving average of $32.26.

iShares Preferred and Income Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 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.