iShares Preferred and Income Securities ETF (NASDAQ:PFF) Position Increased by Norway Savings Bank

Norway Savings Bank increased its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 13.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,981 shares of the company’s stock after purchasing an additional 10,174 shares during the period. iShares Preferred and Income Securities ETF accounts for 1.6% of Norway Savings Bank’s portfolio, making the stock its 11th largest position. Norway Savings Bank’s holdings in iShares Preferred and Income Securities ETF were worth $3,298,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Enterprise Trust & Investment Co lifted its holdings in shares of iShares Preferred and Income Securities ETF by 112.4% in the 3rd quarter. Enterprise Trust & Investment Co now owns 1,890 shares of the company’s stock worth $73,000 after purchasing an additional 1,000 shares during the last quarter. Hollencrest Capital Management increased its position in iShares Preferred and Income Securities ETF by 2.1% in the 3rd quarter. Hollencrest Capital Management now owns 14,205 shares of the company’s stock valued at $552,000 after acquiring an additional 298 shares during the period. Stolper Co increased its position in iShares Preferred and Income Securities ETF by 8.4% in the 3rd quarter. Stolper Co now owns 11,789 shares of the company’s stock valued at $458,000 after acquiring an additional 910 shares during the period. Edge Wealth Management LLC increased its position in iShares Preferred and Income Securities ETF by 11.3% in the 3rd quarter. Edge Wealth Management LLC now owns 1,477,955 shares of the company’s stock valued at $57,359,000 after acquiring an additional 150,210 shares during the period. Finally, Smith Chas P & Associates PA Cpas increased its position in iShares Preferred and Income Securities ETF by 14.9% in the 3rd quarter. Smith Chas P & Associates PA Cpas now owns 1,012,486 shares of the company’s stock valued at $39,295,000 after acquiring an additional 131,577 shares during the period.

Shares of PFF stock opened at $38.66 on Thursday. iShares Preferred and Income Securities ETF has a 1 year low of $37.04 and a 1 year high of $39.64. The business’s fifty day moving average is $38.96 and its 200-day moving average is $39.02.

The company also recently declared a monthly dividend, which was paid on Friday, November 5th. Stockholders of record on Tuesday, November 2nd were given a dividend of $0.137 per share. This represents a $1.64 annualized dividend and a dividend yield of 4.25%. The ex-dividend date was Monday, November 1st.

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.

Further Reading: History of the Euro STOXX 50 Index

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

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