Greenleaf Trust Acquires 63,063 Shares of iShares Preferred and Income Securities ETF $PFF

Greenleaf Trust increased its holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,208,436 shares of the company’s stock after purchasing an additional 63,063 shares during the quarter. iShares Preferred and Income Securities ETF makes up approximately 0.3% of Greenleaf Trust’s holdings, making the stock its 29th largest holding. Greenleaf Trust owned about 0.27% of iShares Preferred and Income Securities ETF worth $37,413,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. CX Institutional bought a new position in shares of iShares Preferred and Income Securities ETF in the 3rd quarter worth approximately $571,000. Fiduciary Alliance LLC bought a new position in shares of iShares Preferred and Income Securities ETF in the 3rd quarter worth approximately $748,000. SVB Wealth LLC bought a new position in shares of iShares Preferred and Income Securities ETF in the 2nd quarter worth approximately $2,549,000. SG Americas Securities LLC bought a new position in shares of iShares Preferred and Income Securities ETF in the 4th quarter worth approximately $9,987,000. Finally, Tran Capital Management L.P. raised its position in shares of iShares Preferred and Income Securities ETF by 1,144.7% in the 4th quarter. Tran Capital Management L.P. now owns 88,563 shares of the company’s stock worth $2,742,000 after acquiring an additional 81,448 shares in the last quarter. 4.70% of the stock is owned by institutional investors.

iShares Preferred and Income Securities ETF Stock Performance

Shares of NASDAQ:PFF opened at $30.47 on Wednesday. iShares Preferred and Income Securities ETF has a 52-week low of $28.72 and a 52-week high of $32.26. The firm has a market capitalization of $13.46 billion, a P/E ratio of 3.71 and a beta of 0.53. The stock has a 50 day moving average price of $31.12 and a 200-day moving average price of $31.23.

iShares Preferred and Income Securities ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were given a $0.142 dividend. The ex-dividend date of this dividend was Wednesday, April 1st.

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. 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).