Private Trust Co. NA Raises Stock Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Private Trust Co. NA raised its position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,312 shares of the company’s stock after acquiring an additional 478 shares during the quarter. Private Trust Co. NA’s holdings in iShares Preferred and Income Securities ETF were worth $1,267,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PFF. JPMorgan Chase & Co. grew its position in iShares Preferred and Income Securities ETF by 51.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock valued at $48,314,000 after acquiring an additional 491,005 shares in the last quarter. Hilton Capital Management LLC grew its position in iShares Preferred and Income Securities ETF by 19.9% in the 3rd quarter. Hilton Capital Management LLC now owns 1,444,743 shares of the company’s stock valued at $48,009,000 after acquiring an additional 239,661 shares in the last quarter. Kentucky Trust Co acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $5,477,000. Ibex Wealth Advisors acquired a new position in iShares Preferred and Income Securities ETF in the 4th quarter valued at about $3,755,000. Finally, Janney Montgomery Scott LLC grew its position in iShares Preferred and Income Securities ETF by 7.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,465,402 shares of the company’s stock valued at $48,695,000 after acquiring an additional 104,770 shares in the last quarter. 4.70% of the stock is owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Price Performance

NASDAQ PFF opened at $31.85 on Friday. The company has a market cap of $14.78 billion, a P/E ratio of 3.91 and a beta of 0.51. The stock has a 50-day moving average of $31.68 and a two-hundred day moving average of $32.36. iShares Preferred and Income Securities ETF has a 1-year low of $30.56 and a 1-year high of $33.59.

iShares Preferred and Income Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1755 dividend. This is an increase from iShares Preferred and Income Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, February 3rd.

About iShares Preferred and Income Securities ETF

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.