Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 22.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after purchasing an additional 3,645 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X U.S. Preferred ETF were worth $419,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its position in Global X U.S. Preferred ETF by 11.9% during the second quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock worth $121,801,000 after purchasing an additional 659,248 shares in the last quarter. Ocean Park Asset Management LLC purchased a new stake in Global X U.S. Preferred ETF in the 2nd quarter worth $9,962,000. BNP Paribas Financial Markets raised its position in Global X U.S. Preferred ETF by 1,038.4% during the first quarter. BNP Paribas Financial Markets now owns 492,734 shares of the company’s stock worth $9,934,000 after acquiring an additional 449,450 shares during the period. Global X Japan Co. Ltd. lifted its holdings in Global X U.S. Preferred ETF by 15.7% during the second quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock valued at $47,784,000 after purchasing an additional 329,680 shares in the last quarter. Finally, Advisors Management Group Inc. ADV grew its position in shares of Global X U.S. Preferred ETF by 41.2% in the second quarter. Advisors Management Group Inc. ADV now owns 985,522 shares of the company’s stock valued at $19,395,000 after purchasing an additional 287,689 shares during the period.

Global X U.S. Preferred ETF Stock Performance

PFFD opened at $20.36 on Friday. Global X U.S. Preferred ETF has a twelve month low of $18.15 and a twelve month high of $21.08. The company has a 50-day moving average price of $20.64 and a 200 day moving average price of $20.02.

Global X U.S. Preferred ETF Profile

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.