Peoples Bank KS Sells 495 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Peoples Bank KS lessened its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 0.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 131,380 shares of the company’s stock after selling 495 shares during the period. iShares Preferred and Income Securities ETF comprises about 2.9% of Peoples Bank KS’s portfolio, making the stock its 5th largest holding. Peoples Bank KS’s holdings in iShares Preferred and Income Securities ETF were worth $4,129,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in shares of iShares Preferred and Income Securities ETF by 29.5% during the second quarter. Bank of New York Mellon Corp now owns 76,516 shares of the company’s stock valued at $2,414,000 after acquiring an additional 17,453 shares during the period. Ashton Thomas Private Wealth LLC raised its stake in iShares Preferred and Income Securities ETF by 5.5% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 39,060 shares of the company’s stock valued at $1,232,000 after purchasing an additional 2,026 shares during the period. Dorsey & Whitney Trust CO LLC purchased a new stake in shares of iShares Preferred and Income Securities ETF in the second quarter valued at $330,000. Zions Bancorporation N.A. acquired a new stake in shares of iShares Preferred and Income Securities ETF in the second quarter worth $174,000. Finally, Stolper Co grew its holdings in shares of iShares Preferred and Income Securities ETF by 2.5% during the second quarter. Stolper Co now owns 15,413 shares of the company’s stock valued at $486,000 after buying an additional 371 shares in the last quarter. 4.70% of the stock is owned by institutional investors.

iShares Preferred and Income Securities ETF Trading Down 1.2 %

Shares of iShares Preferred and Income Securities ETF stock opened at $31.60 on Wednesday. iShares Preferred and Income Securities ETF has a 1 year low of $30.56 and a 1 year high of $33.59. The company has a market cap of $14.67 billion, a P/E ratio of 3.91 and a beta of 0.51. The stock has a 50-day moving average price of $32.32 and a 200 day moving average price of $32.36.

iShares Preferred and Income Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1767 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 6.71%. This is a positive change from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17. The ex-dividend date was Wednesday, December 18th.

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.