Coastline Trust Co Has $3.15 Million Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Coastline Trust Co increased its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFFGet Rating) by 28.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 79,815 shares of the company’s stock after purchasing an additional 17,440 shares during the period. Coastline Trust Co’s holdings in iShares Preferred and Income Securities ETF were worth $3,147,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BNP Paribas Arbitrage SA lifted its position in iShares Preferred and Income Securities ETF by 208.1% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 681 shares of the company’s stock worth $26,000 after buying an additional 460 shares in the last quarter. PSI Advisors LLC bought a new stake in iShares Preferred and Income Securities ETF during the 3rd quarter worth about $29,000. Missouri Trust & Investment Co bought a new stake in iShares Preferred and Income Securities ETF during the 4th quarter worth about $32,000. Retirement Planning Co of New England Inc. bought a new stake in iShares Preferred and Income Securities ETF during the 4th quarter worth about $43,000. Finally, True Link Financial Advisors LLC lifted its position in iShares Preferred and Income Securities ETF by 60.1% during the 4th quarter. True Link Financial Advisors LLC now owns 1,215 shares of the company’s stock worth $96,000 after buying an additional 456 shares in the last quarter.

Shares of PFF stock traded up $0.24 on Tuesday, reaching $32.92. The stock had a trading volume of 233,190 shares, compared to its average volume of 5,515,237. The firm’s 50-day moving average is $35.15 and its two-hundred day moving average is $37.11. iShares Preferred and Income Securities ETF has a 12 month low of $32.62 and a 12 month high of $39.64.

The company also recently announced a monthly dividend, which was paid on Friday, May 6th. Stockholders of record on Tuesday, May 3rd were issued a $0.123 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.48%. This is a boost from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, May 2nd.

iShares Preferred and Income Securities ETF Company Profile (Get Rating)

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.

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Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

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