iShares Preferred and Income Securities ETF (NASDAQ:PFF) Stock Holdings Decreased by NBT Bank N A NY

NBT Bank N A NY lessened its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 74,452 shares of the company’s stock after selling 2,315 shares during the period. NBT Bank N A NY’s holdings in iShares Preferred and Income Securities ETF were worth $2,341,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PFF. SVB Wealth LLC bought a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at about $20,005,000. JPMorgan Chase & Co. grew its position in shares of iShares Preferred and Income Securities ETF by 51.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock valued at $48,314,000 after buying an additional 491,005 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of iShares Preferred and Income Securities ETF during the 4th quarter valued at about $11,581,000. Hilton Capital Management LLC grew its position in iShares Preferred and Income Securities ETF by 19.9% in the 3rd quarter. Hilton Capital Management LLC now owns 1,444,743 shares of the company’s stock worth $48,009,000 after purchasing an additional 239,661 shares during the last quarter. Finally, Kentucky Trust Co bought a new position in iShares Preferred and Income Securities ETF in the 4th quarter worth about $5,477,000. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Down 0.7 %

NASDAQ PFF opened at $30.86 on Tuesday. iShares Preferred and Income Securities ETF has a 52 week low of $30.56 and a 52 week high of $33.59. The stock has a market cap of $14.32 billion, a price-to-earnings ratio of 3.95 and a beta of 0.51. The company has a 50-day moving average price of $31.66 and a two-hundred day moving average price of $32.34.

iShares Preferred and Income Securities ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1731 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.