City Holding Co. Reduces Stock Position in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

City Holding Co. lessened its holdings in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 2.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,438 shares of the company’s stock after selling 1,483 shares during the period. City Holding Co.’s holdings in iShares Preferred and Income Securities ETF were worth $1,775,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cohen & Steers Inc. increased its stake in shares of iShares Preferred and Income Securities ETF by 8,108.7% during the fourth quarter. Cohen & Steers Inc. now owns 5,541,190 shares of the company’s stock valued at $172,830,000 after buying an additional 5,473,686 shares during the period. Sanibel Captiva Trust Company Inc. purchased a new position in iShares Preferred and Income Securities ETF during the 4th quarter valued at $15,445,000. Capital Square LLC bought a new position in iShares Preferred and Income Securities ETF in the 1st quarter worth $9,048,000. Greenleaf Trust lifted its position in shares of iShares Preferred and Income Securities ETF by 32.2% in the 1st quarter. Greenleaf Trust now owns 958,520 shares of the company’s stock worth $30,893,000 after purchasing an additional 233,319 shares during the period. Finally, Rothschild Investment LLC purchased a new stake in shares of iShares Preferred and Income Securities ETF in the 2nd quarter worth about $6,851,000. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Price Performance

Shares of NASDAQ PFF opened at $33.11 on Wednesday. iShares Preferred and Income Securities ETF has a 1 year low of $28.15 and a 1 year high of $33.59. The stock has a market capitalization of $15.38 billion, a P/E ratio of 3.91 and a beta of 0.51. The company’s 50-day moving average is $32.50 and its 200 day moving average is $31.90.

iShares Preferred and Income Securities ETF Announces Dividend

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

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.