Ethos Financial Group LLC Boosts Stock Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Ethos Financial Group LLC boosted its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 13.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,395 shares of the company’s stock after acquiring an additional 1,440 shares during the period. Ethos Financial Group LLC’s holdings in iShares Preferred and Income Securities ETF were worth $386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Noesis Capital Mangement Corp lifted its position in iShares Preferred and Income Securities ETF by 2.1% during the 4th quarter. Noesis Capital Mangement Corp now owns 56,713 shares of the company’s stock worth $1,769,000 after acquiring an additional 1,165 shares during the period. Fisher Asset Management LLC acquired a new stake in shares of iShares Preferred and Income Securities ETF in the 4th quarter worth $310,000. Cary Street Partners Asset Management LLC purchased a new stake in shares of iShares Preferred and Income Securities ETF in the fourth quarter valued at about $538,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of iShares Preferred and Income Securities ETF by 509.0% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 22,100 shares of the company’s stock worth $689,000 after acquiring an additional 18,471 shares during the period. Finally, Penobscot Investment Management Company Inc. raised its holdings in iShares Preferred and Income Securities ETF by 23.1% during the fourth quarter. Penobscot Investment Management Company Inc. now owns 17,050 shares of the company’s stock worth $532,000 after purchasing an additional 3,200 shares in the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

PFF traded up $0.09 during trading on Thursday, reaching $31.38. The company’s stock had a trading volume of 2,922,042 shares, compared to its average volume of 4,755,012. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. The company’s fifty day moving average price is $31.73 and its 200-day moving average price is $31.18. iShares Preferred and Income Securities ETF has a 52-week low of $28.15 and a 52-week high of $32.66.

iShares Preferred and Income Securities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a $0.1596 dividend. This represents a $1.92 annualized dividend and a yield of 6.11%. The ex-dividend date was Wednesday, May 1st.

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.