Canandaigua National Trust Co of Florida Sells 38,921 Shares of iShares Preferred and Income Securities ETF $PFF

Canandaigua National Trust Co of Florida lowered its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 62.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,649 shares of the company’s stock after selling 38,921 shares during the period. Canandaigua National Trust Co of Florida’s holdings in iShares Preferred and Income Securities ETF were worth $726,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. raised its stake in shares of iShares Preferred and Income Securities ETF by 2.0% during the 1st quarter. Farmers & Merchants Investments Inc. now owns 19,509 shares of the company’s stock worth $600,000 after purchasing an additional 375 shares in the last quarter. Titleist Asset Management LLC raised its stake in shares of iShares Preferred and Income Securities ETF by 4.1% during the 1st quarter. Titleist Asset Management LLC now owns 10,076 shares of the company’s stock worth $310,000 after purchasing an additional 400 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of iShares Preferred and Income Securities ETF by 0.4% during the 1st quarter. Parallel Advisors LLC now owns 118,869 shares of the company’s stock worth $3,653,000 after purchasing an additional 497 shares in the last quarter. Crestwood Advisors Group LLC raised its stake in shares of iShares Preferred and Income Securities ETF by 1.7% during the 1st quarter. Crestwood Advisors Group LLC now owns 33,088 shares of the company’s stock worth $1,017,000 after purchasing an additional 545 shares in the last quarter. Finally, Wellington Shields & Co. LLC raised its stake in shares of iShares Preferred and Income Securities ETF by 9.8% during the 1st quarter. Wellington Shields & Co. LLC now owns 6,140 shares of the company’s stock worth $189,000 after purchasing an additional 550 shares in the last quarter. Institutional investors own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Down 0.2%

Shares of iShares Preferred and Income Securities ETF stock opened at $31.98 on Monday. iShares Preferred and Income Securities ETF has a 12-month low of $28.70 and a 12-month high of $33.59. The stock has a market cap of $14.55 billion, a P/E ratio of 3.71 and a beta of 0.51. The business’s 50 day moving average is $31.36 and its 200-day moving average is $30.71.

iShares Preferred and Income Securities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.1607 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

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.