Householder Group Estate & Retirement Specialist LLC Sells 658 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Householder Group Estate & Retirement Specialist LLC decreased its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 22.3% during the 4th quarter, Holdings Channel reports. The fund owned 2,290 shares of the company’s stock after selling 658 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in iShares Preferred and Income Securities ETF were worth $72,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV lifted its position in shares of iShares Preferred and Income Securities ETF by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 14,323 shares of the company’s stock worth $476,000 after purchasing an additional 306 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 5.5% in the third quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock worth $249,000 after purchasing an additional 390 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 13.3% in the third quarter. Bogart Wealth LLC now owns 4,025 shares of the company’s stock worth $134,000 after purchasing an additional 471 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 8.2% in the third quarter. Continuum Advisory LLC now owns 6,411 shares of the company’s stock worth $209,000 after purchasing an additional 484 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 0.8% in the third quarter. Integrated Wealth Concepts LLC now owns 65,845 shares of the company’s stock worth $2,188,000 after purchasing an additional 493 shares in the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.2 %

Shares of PFF opened at $31.75 on Friday. The company has a market cap of $14.69 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 1-year low of $30.56 and a 1-year high of $33.59. The company’s fifty day simple moving average is $32.08 and its 200 day simple moving average is $32.34.

iShares Preferred and Income Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1767 per share. This represents a $2.12 dividend on an annualized basis and a yield of 6.68%. This is an increase from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares Preferred and Income Securities ETF Company 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.