Osher Van de Voorde Investment Management Purchases 500 Shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Osher Van de Voorde Investment Management increased its holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 266,200 shares of the company’s stock after buying an additional 500 shares during the quarter. iShares Preferred and Income Securities ETF accounts for about 1.9% of Osher Van de Voorde Investment Management’s investment portfolio, making the stock its 24th largest position. Osher Van de Voorde Investment Management owned approximately 0.06% of iShares Preferred and Income Securities ETF worth $8,846,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Viewpoint Capital Management LLC bought a new position in shares of iShares Preferred and Income Securities ETF during the 2nd quarter valued at approximately $27,000. M&R Capital Management Inc. lifted its position in shares of iShares Preferred and Income Securities ETF by 280.0% in the first quarter. M&R Capital Management Inc. now owns 950 shares of the company’s stock valued at $31,000 after acquiring an additional 700 shares in the last quarter. Vima LLC bought a new stake in iShares Preferred and Income Securities ETF during the 4th quarter valued at approximately $40,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Preferred and Income Securities ETF in the 2nd quarter worth approximately $43,000. Finally, Future Financial Wealth Managment LLC bought a new position in iShares Preferred and Income Securities ETF in the 1st quarter worth approximately $56,000. 4.70% of the stock is currently owned by institutional investors.

iShares Preferred and Income Securities ETF Price Performance

NASDAQ:PFF opened at $33.11 on Wednesday. The company has a market cap of $15.38 billion, a price-to-earnings ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a 1 year low of $28.15 and a 1 year high of $33.59. The stock’s 50 day simple moving average is $32.50 and its two-hundred day simple moving average is $31.90.

iShares Preferred and Income Securities ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1632 per share. The ex-dividend date was Tuesday, September 3rd.

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.