PFG Investments LLC Acquires Shares of 17,317 Global X U.S. Preferred ETF (NYSEARCA:PFFD)

PFG Investments LLC bought a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 17,317 shares of the company’s stock, valued at approximately $338,000.

Several other institutional investors also recently modified their holdings of the business. Wealthcare Advisory Partners LLC boosted its position in Global X U.S. Preferred ETF by 12.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 19,679 shares of the company’s stock worth $384,000 after purchasing an additional 2,118 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Global X U.S. Preferred ETF by 11.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 27,063 shares of the company’s stock worth $562,000 after buying an additional 2,676 shares during the last quarter. Stifel Financial Corp grew its position in Global X U.S. Preferred ETF by 19.3% during the third quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock valued at $442,000 after buying an additional 3,437 shares during the period. Farther Finance Advisors LLC increased its holdings in Global X U.S. Preferred ETF by 3,623.2% during the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after buying an additional 2,029 shares during the last quarter. Finally, Blue Trust Inc. raised its position in Global X U.S. Preferred ETF by 822.5% in the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after acquiring an additional 2,229 shares during the period.

Global X U.S. Preferred ETF Trading Up 0.6 %

PFFD opened at $19.99 on Friday. The company’s 50-day moving average price is $19.91 and its two-hundred day moving average price is $20.20. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08.

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.