iShares Preferred and Income Securities ETF (NASDAQ:PFF) Stock Holdings Lifted by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC lifted its position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 58.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,418 shares of the company’s stock after acquiring an additional 18,164 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Preferred and Income Securities ETF were worth $1,541,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Sugarloaf Wealth Management LLC raised its holdings in shares of iShares Preferred and Income Securities ETF by 45.5% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 2,046 shares of the company’s stock worth $64,000 after acquiring an additional 640 shares in the last quarter. PSI Advisors LLC raised its holdings in iShares Preferred and Income Securities ETF by 16.3% during the fourth quarter. PSI Advisors LLC now owns 2,403 shares of the company’s stock valued at $75,000 after buying an additional 337 shares in the last quarter. ORG Partners LLC raised its holdings in iShares Preferred and Income Securities ETF by 43.8% during the third quarter. ORG Partners LLC now owns 2,758 shares of the company’s stock valued at $83,000 after buying an additional 840 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in iShares Preferred and Income Securities ETF by 18.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,781 shares of the company’s stock valued at $118,000 after buying an additional 584 shares in the last quarter. Finally, Financial Management Professionals Inc. raised its holdings in iShares Preferred and Income Securities ETF by 16.3% during the fourth quarter. Financial Management Professionals Inc. now owns 5,422 shares of the company’s stock valued at $169,000 after buying an additional 761 shares in the last quarter. 4.70% of the stock is owned by hedge funds and other institutional investors.

iShares Preferred and Income Securities ETF Trading Up 0.2 %

NASDAQ PFF traded up $0.05 during trading on Friday, hitting $31.13. 2,915,736 shares of the company traded hands, compared to its average volume of 4,773,463. iShares Preferred and Income Securities ETF has a 12 month low of $28.15 and a 12 month high of $32.66. The business has a fifty day simple moving average of $31.84 and a 200 day simple moving average of $31.04. The company has a market capitalization of $14.26 billion, a P/E ratio of 3.83 and a beta of 0.51.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1561 per share. The ex-dividend date was Monday, April 1st. This represents a $1.87 annualized dividend and a yield of 6.02%.

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.