Vicus Capital Acquires Shares of 62,373 iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Vicus Capital bought a new position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 62,373 shares of the company’s stock, valued at approximately $2,073,000.

Several other large investors have also recently modified their holdings of the stock. Viewpoint Capital Management LLC bought a new stake in iShares Preferred and Income Securities ETF in the second quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Preferred and Income Securities ETF in the 2nd quarter worth about $43,000. First PREMIER Bank purchased a new position in shares of iShares Preferred and Income Securities ETF during the 3rd quarter worth about $53,000. Future Financial Wealth Managment LLC bought a new position in iShares Preferred and Income Securities ETF during the 1st quarter valued at about $56,000. Finally, Webster Bank N. A. grew its holdings in iShares Preferred and Income Securities ETF by 34.8% during the 1st quarter. Webster Bank N. A. now owns 1,867 shares of the company’s stock valued at $60,000 after purchasing an additional 482 shares during the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

NASDAQ PFF traded up $0.01 during trading on Tuesday, hitting $33.13. The stock had a trading volume of 806,576 shares, compared to its average volume of 3,990,644. iShares Preferred and Income Securities ETF has a one year low of $28.32 and a one year high of $33.59. The stock has a 50 day simple moving average of $32.82 and a 200 day simple moving average of $31.98. The stock has a market capitalization of $15.40 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1632 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.