Kickstand Ventures LLC. Has $4.65 Million Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

Kickstand Ventures LLC. increased its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 147,736 shares of the company’s stock after buying an additional 1,578 shares during the quarter. iShares Preferred and Income Securities ETF makes up 1.2% of Kickstand Ventures LLC.’s holdings, making the stock its 25th biggest position. Kickstand Ventures LLC.’s holdings in iShares Preferred and Income Securities ETF were worth $4,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in PFF. JPMorgan Chase & Co. raised its stake in iShares Preferred and Income Securities ETF by 51.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock valued at $48,314,000 after acquiring an additional 491,005 shares during the period. BNP Paribas Financial Markets bought a new stake in iShares Preferred and Income Securities ETF in the 3rd quarter valued at $67,000. HCR Wealth Advisors raised its stake in iShares Preferred and Income Securities ETF by 1.9% in the 4th quarter. HCR Wealth Advisors now owns 42,710 shares of the company’s stock valued at $1,343,000 after acquiring an additional 800 shares during the period. AdvisorNet Financial Inc raised its stake in iShares Preferred and Income Securities ETF by 11.6% in the 4th quarter. AdvisorNet Financial Inc now owns 6,793 shares of the company’s stock valued at $214,000 after acquiring an additional 705 shares during the period. Finally, Canandaigua National Trust Co of Florida raised its stake in iShares Preferred and Income Securities ETF by 11.8% in the 4th quarter. Canandaigua National Trust Co of Florida now owns 66,683 shares of the company’s stock valued at $2,097,000 after acquiring an additional 7,014 shares during the period. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Down 0.3 %

PFF opened at $31.51 on Thursday. iShares Preferred and Income Securities ETF has a 1-year low of $30.56 and a 1-year high of $33.59. The stock’s fifty day simple moving average is $31.80 and its 200 day simple moving average is $32.36. The stock has a market cap of $14.62 billion, a PE ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1755 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares Preferred and Income Securities ETF’s previous dividend of $0.16.

About iShares Preferred and Income Securities ETF

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.