Wilmington Savings Fund Society FSB Raises Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Wilmington Savings Fund Society FSB increased its position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 63.0% in the 3rd quarter, Holdings Channel reports. The firm owned 42,599 shares of the company’s stock after buying an additional 16,462 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Preferred and Income Securities ETF were worth $1,416,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Viewpoint Capital Management LLC purchased a new stake in iShares Preferred and Income Securities ETF in the second quarter valued at approximately $27,000. First PREMIER Bank acquired a new position in shares of iShares Preferred and Income Securities ETF in the 3rd quarter valued at $53,000. BNP Paribas Financial Markets purchased a new stake in iShares Preferred and Income Securities ETF in the 3rd quarter valued at $67,000. Eastern Bank purchased a new stake in iShares Preferred and Income Securities ETF in the 3rd quarter valued at $71,000. Finally, Bogart Wealth LLC boosted its stake in iShares Preferred and Income Securities ETF by 13.3% during the 3rd quarter. Bogart Wealth LLC now owns 4,025 shares of the company’s stock worth $134,000 after purchasing an additional 471 shares during the period. 4.70% of the stock is owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Stock Performance

Shares of iShares Preferred and Income Securities ETF stock opened at $32.11 on Friday. The company has a market capitalization of $14.93 billion, a P/E ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 1 year low of $30.56 and a 1 year high of $33.59. The company’s fifty day moving average is $32.84 and its two-hundred day moving average is $32.34.

iShares Preferred and Income Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a dividend of $0.1649 per share. The ex-dividend date of this dividend was Monday, December 2nd. This is a positive change from iShares Preferred and Income Securities ETF’s previous dividend of $0.16.

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.