iShares Preferred and Income Securities ETF (NASDAQ:PFF) Stock Position Boosted by One Capital Management LLC

One Capital Management LLC boosted its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1,100.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 143,936 shares of the company’s stock after buying an additional 131,945 shares during the period. One Capital Management LLC’s holdings in iShares Preferred and Income Securities ETF were worth $4,541,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PFF. AdvisorNet Financial Inc boosted its position in shares of iShares Preferred and Income Securities ETF by 11.4% during the 1st quarter. AdvisorNet Financial Inc now owns 3,938 shares of the company’s stock valued at $127,000 after purchasing an additional 404 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its position in shares of iShares Preferred and Income Securities ETF by 10.8% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 8,200 shares of the company’s stock valued at $256,000 after purchasing an additional 800 shares in the last quarter. Cohen & Steers Inc. boosted its position in shares of iShares Preferred and Income Securities ETF by 8,108.7% during the 4th quarter. Cohen & Steers Inc. now owns 5,541,190 shares of the company’s stock valued at $172,830,000 after purchasing an additional 5,473,686 shares in the last quarter. Waterloo Capital L.P. bought a new position in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at about $201,000. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of iShares Preferred and Income Securities ETF by 4.0% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 122,396 shares of the company’s stock valued at $3,945,000 after purchasing an additional 4,722 shares in the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

Shares of PFF opened at $33.17 on Tuesday. iShares Preferred and Income Securities ETF has a one year low of $28.15 and a one year high of $33.18. The company has a 50-day moving average of $32.01 and a two-hundred day moving average of $31.78. The stock has a market cap of $15.06 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1632 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.