Inscription Capital LLC Trims Stock Position in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Inscription Capital LLC decreased its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 39.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,768 shares of the company’s stock after selling 10,374 shares during the quarter. Inscription Capital LLC’s holdings in iShares Preferred and Income Securities ETF were worth $620,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Cadence Bank NA boosted its holdings in iShares Preferred and Income Securities ETF by 3.6% during the second quarter. Cadence Bank NA now owns 10,184 shares of the company’s stock worth $401,000 after buying an additional 353 shares in the last quarter. Taylor Cottrill Erickson & Associates Inc. raised its position in shares of iShares Preferred and Income Securities ETF by 5.4% in the second quarter. Taylor Cottrill Erickson & Associates Inc. now owns 7,820 shares of the company’s stock worth $308,000 after acquiring an additional 400 shares during the period. LeJeune Puetz Investment Counsel LLC grew its position in shares of iShares Preferred and Income Securities ETF by 0.8% during the 2nd quarter. LeJeune Puetz Investment Counsel LLC now owns 59,046 shares of the company’s stock valued at $2,323,000 after acquiring an additional 465 shares during the period. Smith Shellnut Wilson LLC ADV grew its holdings in iShares Preferred and Income Securities ETF by 1.4% in the second quarter. Smith Shellnut Wilson LLC ADV now owns 38,904 shares of the company’s stock valued at $1,530,000 after purchasing an additional 525 shares during the period. Finally, Kovack Advisors Inc. lifted its position in shares of iShares Preferred and Income Securities ETF by 2.1% during the 2nd quarter. Kovack Advisors Inc. now owns 26,097 shares of the company’s stock valued at $1,027,000 after buying an additional 549 shares in the last quarter.

Shares of NASDAQ PFF opened at $38.81 on Thursday. The firm has a fifty day moving average of $39.11 and a 200 day moving average of $38.94. iShares Preferred and Income Securities ETF has a one year low of $36.11 and a one year high of $39.64.

The business also recently announced a monthly dividend, which was paid on Thursday, October 7th. Stockholders of record on Monday, October 4th were given a $0.149 dividend. The ex-dividend date was Friday, October 1st. This represents a $1.79 annualized dividend and a dividend yield of 4.61%.

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.

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Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

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