Whittier Trust Co. Reduces Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Whittier Trust Co. cut its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 5.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,064 shares of the company’s stock after selling 1,192 shares during the period. Whittier Trust Co.’s holdings in Global X U.S. Preferred ETF were worth $375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Breakwater Capital Group boosted its holdings in Global X U.S. Preferred ETF by 9.3% in the second quarter. Breakwater Capital Group now owns 12,418 shares of the company’s stock valued at $244,000 after purchasing an additional 1,054 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Global X U.S. Preferred ETF by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 121,987 shares of the company’s stock valued at $2,401,000 after buying an additional 826 shares during the period. Crew Capital Management Ltd. grew its position in shares of Global X U.S. Preferred ETF by 153.2% during the second quarter. Crew Capital Management Ltd. now owns 39,494 shares of the company’s stock worth $777,000 after buying an additional 23,899 shares in the last quarter. New Millennium Group LLC acquired a new stake in Global X U.S. Preferred ETF in the second quarter valued at approximately $51,000. Finally, Rooted Wealth Advisors Inc. raised its holdings in Global X U.S. Preferred ETF by 20.6% in the second quarter. Rooted Wealth Advisors Inc. now owns 13,500 shares of the company’s stock valued at $269,000 after acquiring an additional 2,308 shares in the last quarter.

Global X U.S. Preferred ETF Trading Up 0.4 %

NYSEARCA PFFD traded up $0.09 on Thursday, hitting $20.34. 231,834 shares of the stock were exchanged, compared to its average volume of 673,176. Global X U.S. Preferred ETF has a fifty-two week low of $17.37 and a fifty-two week high of $20.43. The company has a 50-day moving average price of $19.83 and a 200-day moving average price of $19.81.

About Global X U.S. Preferred ETF

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.