Azimuth Capital Management LLC Boosts Stock Holdings in iShares Preferred and Income Securities ETF (NASDAQ:PFF)


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Azimuth Capital Management LLC increased its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 108.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 92,410 shares of the company’s stock after acquiring an additional 48,005 shares during the quarter. Azimuth Capital Management LLC’s holdings in iShares Preferred and Income Securities ETF were worth $3,558,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Bessemer Group Inc. lifted its position in shares of iShares Preferred and Income Securities ETF by 11,305.6% during the fourth quarter. Bessemer Group Inc. now owns 4,866,777 shares of the company’s stock worth $187,420,000 after purchasing an additional 4,824,107 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of iShares Preferred and Income Securities ETF by 8,889.8% during the fourth quarter. SG Americas Securities LLC now owns 1,143,318 shares of the company’s stock worth $44,029,000 after purchasing an additional 1,130,600 shares in the last quarter. State of Tennessee Treasury Department lifted its position in shares of iShares Preferred and Income Securities ETF by 158.9% during the third quarter. State of Tennessee Treasury Department now owns 777,200 shares of the company’s stock worth $28,329,000 after purchasing an additional 477,000 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Preferred and Income Securities ETF by 4.3% during the third quarter. Wells Fargo & Company MN now owns 9,974,221 shares of the company’s stock worth $363,560,000 after buying an additional 407,892 shares during the period. Finally, CIBC Private Wealth Group LLC increased its stake in shares of iShares Preferred and Income Securities ETF by 2,181.4% during the third quarter. CIBC Private Wealth Group LLC now owns 377,257 shares of the company’s stock worth $13,752,000 after buying an additional 360,721 shares during the period.

Shares of PFF stock traded down $0.09 during trading hours on Tuesday, reaching $37.44. 157,656 shares of the stock were exchanged, compared to its average volume of 6,819,400. The business’s fifty day moving average is $38.01 and its two-hundred day moving average is $37.68. iShares Preferred and Income Securities ETF has a 12-month low of $23.85 and a 12-month high of $38.71.

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.

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

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