Cwm LLC Cuts Stock Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Cwm LLC trimmed its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,302,363 shares of the company’s stock after selling 27,715 shares during the period. Cwm LLC owned approximately 1.09% of Global X U.S. Preferred ETF worth $27,063,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bluefin Capital Management LLC bought a new stake in Global X U.S. Preferred ETF during the fourth quarter worth about $321,000. Austin Wealth Management LLC boosted its stake in Global X U.S. Preferred ETF by 8.8% in the fourth quarter. Austin Wealth Management LLC now owns 25,547 shares of the company’s stock worth $509,000 after buying an additional 2,069 shares in the last quarter. Appleton Partners Inc. MA grew its position in Global X U.S. Preferred ETF by 3.1% during the first quarter. Appleton Partners Inc. MA now owns 202,778 shares of the company’s stock valued at $4,088,000 after acquiring an additional 6,142 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of Global X U.S. Preferred ETF by 51.6% in the 1st quarter. NBC Securities Inc. now owns 18,442 shares of the company’s stock worth $371,000 after acquiring an additional 6,278 shares during the last quarter. Finally, Collective Family Office LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 9.2% in the 1st quarter. Collective Family Office LLC now owns 277,190 shares of the company’s stock worth $5,588,000 after acquiring an additional 23,287 shares during the last quarter.

Global X U.S. Preferred ETF Trading Down 0.3 %

Shares of NYSEARCA:PFFD opened at $20.66 on Friday. The company’s fifty day moving average is $20.38 and its 200 day moving average is $19.94. Global X U.S. Preferred ETF has a 52 week low of $17.37 and a 52 week high of $21.08.

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.