iShares Preferred and Income Securities ETF (NASDAQ:PFF) Sets New 12-Month Low at $34.81

iShares Preferred and Income Securities ETF (NASDAQ:PFF – Get Rating)’s stock price reached a new 52-week low on Monday . The company traded as low as $34.81 and last traded at $34.81, with a volume of 39692 shares. The stock had previously closed at $34.93.

The stock’s 50-day moving average is $35.81 and its two-hundred day moving average is $37.64.

The firm also recently declared a monthly dividend, which was paid on Monday, March 7th. Shareholders of record on Wednesday, March 2nd were given a $0.122 dividend. This represents a $1.46 annualized dividend and a yield of 4.20%. The ex-dividend date was Tuesday, March 1st. This is a boost from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.11.

A number of hedge funds have recently modified their holdings of the business. Industrial Alliance Investment Management Inc. acquired a new stake in shares of iShares Preferred and Income Securities ETF in the 4th quarter valued at $25,000. BNP Paribas Arbitrage SA raised its stake in iShares Preferred and Income Securities ETF by 208.1% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 681 shares of the company’s stock worth $26,000 after acquiring an additional 460 shares in the last quarter. PSI Advisors LLC acquired a new stake in iShares Preferred and Income Securities ETF during the 3rd quarter worth $29,000. Missouri Trust & Investment Co acquired a new stake in iShares Preferred and Income Securities ETF during the 4th quarter worth $32,000. Finally, Leelyn Smith LLC purchased a new position in iShares Preferred and Income Securities ETF during the 4th quarter worth $35,000.

About iShares Preferred and Income Securities ETF (NASDAQ:PFF)

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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