Creative Financial Designs Inc. ADV Boosts Stock Position in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 237.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,190 shares of the company’s stock after acquiring an additional 9,280 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Preferred and Income Securities ETF were worth $415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of PFF. SouthState Corp boosted its holdings in iShares Preferred and Income Securities ETF by 1.8% during the 3rd quarter. SouthState Corp now owns 94,891 shares of the company’s stock valued at $3,153,000 after acquiring an additional 1,708 shares during the period. Avior Wealth Management LLC boosted its holdings in iShares Preferred and Income Securities ETF by 5.5% during the 3rd quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock valued at $249,000 after acquiring an additional 390 shares during the period. Hilton Capital Management LLC boosted its holdings in iShares Preferred and Income Securities ETF by 19.9% during the 3rd quarter. Hilton Capital Management LLC now owns 1,444,743 shares of the company’s stock valued at $48,009,000 after acquiring an additional 239,661 shares during the period. Capital Square LLC boosted its holdings in iShares Preferred and Income Securities ETF by 21.8% during the 3rd quarter. Capital Square LLC now owns 384,705 shares of the company’s stock valued at $12,784,000 after acquiring an additional 68,898 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in iShares Preferred and Income Securities ETF during the 3rd quarter valued at about $67,000. 4.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Preferred and Income Securities ETF Price Performance

Shares of PFF stock opened at $31.20 on Wednesday. The stock has a market capitalization of $14.45 billion, a PE ratio of 3.86 and a beta of 0.60. iShares Preferred and Income Securities ETF has a 1-year low of $30.56 and a 1-year high of $33.59. The business has a 50-day moving average of $31.58 and a 200 day moving average of $32.28.

iShares Preferred and Income Securities ETF Cuts Dividend

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