Whittier Trust Co. of Nevada Inc. Boosts Stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Whittier Trust Co. of Nevada Inc. increased its position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 38.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 20,261 shares of the company’s stock after purchasing an additional 5,641 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Preferred and Income Securities ETF were worth $637,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $27,000. YANKCOM Partnership acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $27,000. Compass Financial Services Inc acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $34,000. Mainstream Capital Management LLC acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $34,000. Finally, Synergy Investment Management LLC acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Down 0.0 %

Shares of PFF stock opened at $31.31 on Friday. The stock has a market capitalization of $14.50 billion, a PE ratio of 3.86 and a beta of 0.60. iShares Preferred and Income Securities ETF has a 52-week low of $30.56 and a 52-week high of $33.59. The stock’s 50-day moving average price is $31.57 and its 200 day moving average price is $32.26.

iShares Preferred and Income Securities ETF Cuts Dividend

The firm also recently announced 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.