52,427 Shares in iShares Preferred and Income Securities ETF $PFF Bought by Graetz Wealth LLC

Graetz Wealth LLC bought a new position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 52,427 shares of the company’s stock, valued at approximately $1,623,000. iShares Preferred and Income Securities ETF accounts for approximately 1.5% of Graetz Wealth LLC’s holdings, making the stock its 23rd largest position.

Several other large investors have also recently added to or reduced their stakes in PFF. NewEdge Advisors LLC increased its position in iShares Preferred and Income Securities ETF by 28.1% in the second quarter. NewEdge Advisors LLC now owns 359,311 shares of the company’s stock worth $11,024,000 after buying an additional 78,817 shares during the period. BNP Paribas Financial Markets increased its position in iShares Preferred and Income Securities ETF by 6,632.5% in the second quarter. BNP Paribas Financial Markets now owns 5,386 shares of the company’s stock worth $165,000 after buying an additional 5,306 shares during the period. WFA of San Diego LLC acquired a new stake in iShares Preferred and Income Securities ETF in the second quarter worth $83,000. Captrust Financial Advisors increased its position in iShares Preferred and Income Securities ETF by 7.8% in the second quarter. Captrust Financial Advisors now owns 305,358 shares of the company’s stock worth $9,368,000 after buying an additional 22,103 shares during the period. Finally, Resources Management Corp CT ADV acquired a new stake in iShares Preferred and Income Securities ETF in the second quarter worth $80,000. 4.70% of the stock is owned by institutional investors and hedge funds.

iShares Preferred and Income Securities ETF Price Performance

Shares of NASDAQ PFF opened at $31.02 on Friday. iShares Preferred and Income Securities ETF has a 1-year low of $30.07 and a 1-year high of $32.26. The business’s fifty day moving average price is $31.20 and its two-hundred day moving average price is $31.21. The firm has a market capitalization of $13.76 billion, a PE ratio of 3.71 and a beta of 0.53.

iShares Preferred and Income Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.1384 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 5.4%.

About iShares Preferred and Income Securities ETF

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).