Canandaigua National Bank & Trust Co. Acquires 864 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Canandaigua National Bank & Trust Co. boosted its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,360 shares of the company’s stock after purchasing an additional 864 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares Preferred and Income Securities ETF were worth $4,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of PFF. Nations Financial Group Inc. IA ADV grew 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 valued at $476,000 after purchasing an additional 306 shares during the period. Stolper Co lifted its position in shares of iShares Preferred and Income Securities ETF by 2.5% during the second quarter. Stolper Co now owns 15,413 shares of the company’s stock worth $486,000 after purchasing an additional 371 shares in the last quarter. Avior Wealth Management LLC raised its position in iShares Preferred and Income Securities ETF by 5.5% in the 3rd quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock valued at $249,000 after purchasing an additional 390 shares in the last quarter. Bogart Wealth LLC raised its position in shares of iShares Preferred and Income Securities ETF by 13.3% during the 3rd quarter. Bogart Wealth LLC now owns 4,025 shares of the company’s stock worth $134,000 after acquiring an additional 471 shares in the last quarter. Finally, Continuum Advisory LLC increased its position in shares of iShares Preferred and Income Securities ETF by 8.2% during 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. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Down 0.2 %

PFF stock traded down $0.08 during trading on Monday, hitting $31.97. The company had a trading volume of 5,208,298 shares, compared to its average volume of 4,558,551. The firm has a market cap of $14.71 billion, a PE 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 firm has a 50-day moving average price of $32.36 and a 200-day moving average price of $32.35.

iShares Preferred and Income Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.1767 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 6.63%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17.

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.