Bath Savings Trust Co bought a new position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 34,796 shares of the company’s stock, valued at approximately $1,026,000.
Other hedge funds also recently made changes to their positions in the company. Cohen & Steers Inc. raised its position in shares of iShares Preferred and Income Securities ETF by 12,157.0% in the fourth quarter. Cohen & Steers Inc. now owns 904,077 shares of the company’s stock valued at $27,997,000 after buying an additional 896,701 shares in the last quarter. Kentucky Trust Co grew its position in iShares Preferred and Income Securities ETF by 0.7% during the second quarter. Kentucky Trust Co now owns 191,794 shares of the company’s stock worth $5,848,000 after buying an additional 1,414 shares in the last quarter. Capital Square LLC acquired a new stake in iShares Preferred and Income Securities ETF during the second quarter worth approximately $5,828,000. Compass Financial Management LLC acquired a new stake in iShares Preferred and Income Securities ETF during the second quarter worth approximately $4,351,000. Finally, Bessemer Group Inc. increased its stake in iShares Preferred and Income Securities ETF by 32.1% during the 1st quarter. Bessemer Group Inc. now owns 132,563 shares of the company’s stock worth $4,019,000 after acquiring an additional 32,230 shares during the period. 4.70% of the stock is owned by institutional investors.
iShares Preferred and Income Securities ETF Trading Down 0.5%
NASDAQ PFF traded down $0.15 during midday trading on Wednesday, hitting $29.37. The company had a trading volume of 5,133,025 shares, compared to its average volume of 3,191,099. The firm has a 50-day moving average price of $30.25 and a 200-day moving average price of $30.67. The company has a market capitalization of $12.24 billion, a PE ratio of 3.71 and a beta of 0.54. iShares Preferred and Income Securities ETF has a twelve month low of $29.15 and a twelve month high of $32.02.
iShares Preferred and Income Securities ETF Increases Dividend
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. The Underlying Index includes preferred stocks with a market capitalization over $100 million, which meet minimum price, liquidity, trading volume, maturity and other requirements determined by Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw Hill Companies (S&P).
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