OLD Mission Capital LLC Has $2.60 Million Stock Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

OLD Mission Capital LLC increased its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 39.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 82,744 shares of the company’s stock after acquiring an additional 23,444 shares during the period. OLD Mission Capital LLC’s holdings in iShares Preferred and Income Securities ETF were worth $2,601,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PFF. YANKCOM Partnership acquired a new position in iShares Preferred and Income Securities ETF during the fourth quarter worth $27,000. Golden State Wealth Management LLC acquired a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter worth about $27,000. Compass Financial Services Inc bought a new position in iShares Preferred and Income Securities ETF during the 4th quarter valued at about $34,000. Mainstream Capital Management LLC acquired a new position in iShares Preferred and Income Securities ETF in the fourth quarter valued at about $34,000. Finally, Synergy Investment Management LLC bought a new stake in iShares Preferred and Income Securities ETF during the fourth quarter worth about $51,000. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Down 0.7 %

NASDAQ PFF opened at $30.51 on Wednesday. iShares Preferred and Income Securities ETF has a 1-year low of $30.42 and a 1-year high of $33.59. The company has a 50 day moving average of $31.49 and a 200-day moving average of $32.18. The firm has a market cap of $14.16 billion, a price-to-earnings ratio of 3.86 and a beta of 0.51.

iShares Preferred and Income Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be given a $0.1725 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.07 annualized dividend and a yield of 6.78%.

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.