Tran Capital Management L.P. Has $2.74 Million Stock Holdings in iShares Preferred and Income Securities ETF $PFF

Tran Capital Management L.P. grew its position in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1,144.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,563 shares of the company’s stock after buying an additional 81,448 shares during the period. Tran Capital Management L.P.’s holdings in iShares Preferred and Income Securities ETF were worth $2,742,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of PFF. SOA Wealth Advisors LLC. grew its stake in shares of iShares Preferred and Income Securities ETF by 2.6% in the fourth quarter. SOA Wealth Advisors LLC. now owns 43,051 shares of the company’s stock valued at $1,333,000 after acquiring an additional 1,071 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter worth about $85,000. Fortitude Family Office LLC boosted its holdings in iShares Preferred and Income Securities ETF by 50.6% in the 4th quarter. Fortitude Family Office LLC now owns 20,114 shares of the company’s stock valued at $623,000 after purchasing an additional 6,754 shares during the period. Jaffetilchin Investment Partners LLC boosted its holdings in iShares Preferred and Income Securities ETF by 1.4% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 763,604 shares of the company’s stock valued at $23,641,000 after purchasing an additional 10,895 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of iShares Preferred and Income Securities ETF during the 4th quarter worth approximately $85,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Performance

Shares of PFF opened at $30.43 on Friday. iShares Preferred and Income Securities ETF has a 12 month low of $28.70 and a 12 month high of $32.26. The firm’s 50 day moving average is $31.17 and its 200-day moving average is $31.26. The stock has a market capitalization of $13.41 billion, a PE ratio of 3.71 and a beta of 0.53.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.142 per share. The ex-dividend date is Wednesday, April 1st.

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. The Underlying Index includes preferred stocks with a market capitalization over $100 million, which meet minimum price, liquidity, trading volume, maturity and other requirements determined by Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw Hill Companies (S&P).