Noesis Capital Mangement Corp Raises Stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Noesis Capital Mangement Corp increased its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 56,713 shares of the company’s stock after acquiring an additional 1,165 shares during the quarter. Noesis Capital Mangement Corp’s holdings in iShares Preferred and Income Securities ETF were worth $1,769,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sugarloaf Wealth Management LLC boosted its position in shares of iShares Preferred and Income Securities ETF by 45.5% in 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 during the last quarter. PSI Advisors LLC boosted its holdings in shares of iShares Preferred and Income Securities ETF by 16.3% in the 4th quarter. PSI Advisors LLC now owns 2,403 shares of the company’s stock valued at $75,000 after purchasing an additional 337 shares during the last quarter. ORG Partners LLC grew its stake in shares of iShares Preferred and Income Securities ETF by 43.8% during the 3rd quarter. ORG Partners LLC now owns 2,758 shares of the company’s stock valued at $83,000 after buying an additional 840 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Preferred and Income Securities ETF by 18.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,781 shares of the company’s stock worth $118,000 after buying an additional 584 shares during the last quarter. Finally, Financial Management Professionals Inc. raised its position in shares of iShares Preferred and Income Securities ETF by 16.3% in the 4th quarter. Financial Management Professionals Inc. now owns 5,422 shares of the company’s stock worth $169,000 after buying an additional 761 shares during the period. 4.70% of the stock is owned by hedge funds and other institutional investors.

iShares Preferred and Income Securities ETF Price Performance

PFF stock traded up $0.34 during midday trading on Friday, reaching $31.54. 3,369,554 shares of the company’s stock traded hands, compared to its average volume of 4,734,216. iShares Preferred and Income Securities ETF has a fifty-two week low of $28.15 and a fifty-two week high of $32.66. The business has a 50-day moving average price of $31.78 and a two-hundred day moving average price of $31.10. The company has a market capitalization of $14.42 billion, a P/E ratio of 3.83 and a beta of 0.51.

iShares Preferred and Income Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.1596 per share. The ex-dividend date is Wednesday, May 1st. This represents a $1.92 annualized dividend and a dividend yield of 6.08%.

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.