76,840 Shares in iShares Preferred and Income Securities ETF $PFF Bought by NBT Bank N.A.

NBT Bank N.A. bought a new position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 76,840 shares of the company’s stock, valued at approximately $2,267,000.

Several other large investors have also recently bought and sold shares of the company. Roxbury Financial LLC grew its position in shares of iShares Preferred and Income Securities ETF by 2,833.3% during the 2nd quarter. Roxbury Financial LLC now owns 1,408 shares of the company’s stock valued at $43,000 after purchasing an additional 1,360 shares in the last quarter. NBH Bank bought a new position in shares of iShares Preferred and Income Securities ETF in the second quarter worth $46,000. First Bancorp Inc ME purchased a new stake in shares of iShares Preferred and Income Securities ETF in the second quarter worth $47,000. Princeton Global Asset Management LLC raised its position in shares of iShares Preferred and Income Securities ETF by 36.6% in the first quarter. Princeton Global Asset Management LLC now owns 1,608 shares of the company’s stock worth $49,000 after buying an additional 431 shares in the last quarter. Finally, American National Bank & Trust purchased a new stake in shares of iShares Preferred and Income Securities ETF in the third quarter worth $58,000. 4.70% of the stock is owned by institutional investors.

iShares Preferred and Income Securities ETF Stock Performance

NASDAQ:PFF opened at $28.81 on Friday. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 3.71 and a beta of 0.54. iShares Preferred and Income Securities ETF has a 52-week low of $28.70 and a 52-week high of $32.02. The stock has a fifty day moving average of $29.88 and a 200 day moving average of $30.56.

iShares Preferred and Income Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.1594 dividend. The ex-dividend date was Thursday, October 1st. This represents a $1.91 dividend on an annualized basis and a yield of 6.6%. This is an increase from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.1472.

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).