Vigilare Wealth Management Sells 17,797 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Vigilare Wealth Management decreased its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 58.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,768 shares of the company’s stock after selling 17,797 shares during the quarter. Vigilare Wealth Management’s holdings in iShares Preferred and Income Securities ETF were worth $401,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its holdings in iShares Preferred and Income Securities ETF by 29.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 76,516 shares of the company’s stock worth $2,414,000 after acquiring an additional 17,453 shares during the last quarter. Zions Bancorporation N.A. bought a new position in iShares Preferred and Income Securities ETF during the 2nd quarter worth approximately $174,000. Greenwich Wealth Management LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 10.2% in the 2nd quarter. Greenwich Wealth Management LLC now owns 7,697 shares of the company’s stock worth $243,000 after purchasing an additional 715 shares during the period. One Capital Management LLC boosted its stake in shares of iShares Preferred and Income Securities ETF by 1,100.4% in the 2nd quarter. One Capital Management LLC now owns 143,936 shares of the company’s stock valued at $4,541,000 after purchasing an additional 131,945 shares during the last quarter. Finally, Arkos Global Advisors increased its position in shares of iShares Preferred and Income Securities ETF by 142.3% during the second quarter. Arkos Global Advisors now owns 32,670 shares of the company’s stock worth $1,031,000 after buying an additional 19,188 shares during the period. 4.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Stock Down 0.4 %

PFF traded down $0.13 during trading on Monday, reaching $30.95. 5,708,057 shares of the stock traded hands, compared to its average volume of 5,079,586. The stock’s 50-day moving average is $32.23 and its 200 day moving average is $32.35. iShares Preferred and Income Securities ETF has a 12 month low of $30.56 and a 12 month high of $33.59. The stock has a market capitalization of $14.33 billion, a PE ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1767 per share. This is an increase from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.17. The ex-dividend date was Wednesday, December 18th. This represents a $2.12 annualized dividend and a dividend yield of 6.85%.

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.