Legacy Capital Wealth Partners LLC Acquires 4,804 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Legacy Capital Wealth Partners LLC grew its position in iShares Preferred and Income Securities ETF (NASDAQ:PFFGet Rating) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,896 shares of the company’s stock after acquiring an additional 4,804 shares during the period. iShares Preferred and Income Securities ETF comprises about 1.0% of Legacy Capital Wealth Partners LLC’s portfolio, making the stock its 20th largest holding. Legacy Capital Wealth Partners LLC’s holdings in iShares Preferred and Income Securities ETF were worth $2,407,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter worth about $41,251,000. Congress Wealth Management LLC DE acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter worth about $32,147,000. Miracle Mile Advisors LLC raised its stake in iShares Preferred and Income Securities ETF by 248.8% in the 4th quarter. Miracle Mile Advisors LLC now owns 490,779 shares of the company’s stock worth $19,351,000 after purchasing an additional 350,061 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in iShares Preferred and Income Securities ETF in the 3rd quarter worth about $7,732,000. Finally, Whitener Capital Management Inc. acquired a new stake in iShares Preferred and Income Securities ETF in the 4th quarter worth about $6,273,000.

iShares Preferred and Income Securities ETF stock traded up $0.38 during midday trading on Thursday, hitting $34.23. The company’s stock had a trading volume of 529,585 shares, compared to its average volume of 5,347,861. iShares Preferred and Income Securities ETF has a 1-year low of $32.62 and a 1-year high of $39.64. The company has a 50-day moving average price of $34.55 and a two-hundred day moving average price of $36.62.

The company also recently announced a monthly dividend, which was paid on Friday, May 6th. Stockholders of record on Tuesday, May 3rd were given a $0.123 dividend. The ex-dividend date of this dividend was Monday, May 2nd. This is a boost from iShares Preferred and Income Securities ETF’s previous monthly dividend of $0.12. This represents a $1.48 annualized dividend and a dividend yield of 4.31%.

iShares Preferred and Income Securities ETF Company Profile (Get Rating)

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.

Featured Articles

Institutional Ownership by Quarter for iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Receive News & Ratings for iShares Preferred and Income Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Preferred and Income Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.