Community Bank N.A. Has $3.78 Million Stock Position in iShares Preferred and Income Securities ETF $PFF

Community Bank N.A. lifted its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,237 shares of the company’s stock after acquiring an additional 1,441 shares during the period. Community Bank N.A.’s holdings in iShares Preferred and Income Securities ETF were worth $3,781,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of PFF. Peoples Bank KS boosted its stake in iShares Preferred and Income Securities ETF by 0.3% during the second quarter. Peoples Bank KS now owns 130,024 shares of the company’s stock worth $3,989,000 after buying an additional 359 shares in the last quarter. Titleist Asset Management LLC boosted its stake in iShares Preferred and Income Securities ETF by 4.1% during the first quarter. Titleist Asset Management LLC now owns 10,076 shares of the company’s stock worth $310,000 after buying an additional 400 shares in the last quarter. Crestwood Advisors Group LLC boosted its stake in iShares Preferred and Income Securities ETF by 1.7% during the first quarter. Crestwood Advisors Group LLC now owns 33,088 shares of the company’s stock worth $1,017,000 after buying an additional 545 shares in the last quarter. Wellington Shields & Co. LLC boosted its stake in iShares Preferred and Income Securities ETF by 9.8% during the first quarter. Wellington Shields & Co. LLC now owns 6,140 shares of the company’s stock worth $189,000 after buying an additional 550 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in iShares Preferred and Income Securities ETF by 32.3% during the first quarter. Westside Investment Management Inc. now owns 3,253 shares of the company’s stock worth $100,000 after buying an additional 795 shares in the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

PFF opened at $31.35 on Tuesday. iShares Preferred and Income Securities ETF has a fifty-two week low of $28.70 and a fifty-two week high of $33.58. The company has a market capitalization of $14.60 billion, a P/E ratio of 3.71 and a beta of 0.51. The firm’s fifty day moving average price is $31.63 and its two-hundred day moving average price is $30.80.

iShares Preferred and Income Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.1707 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.5%. This is an increase from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.16.

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.