Breakwater Capital Group Purchases 1,946 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Breakwater Capital Group lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 15.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,216 shares of the company’s stock after purchasing an additional 1,946 shares during the quarter. Breakwater Capital Group’s holdings in Global X U.S. Preferred ETF were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in 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 valued at $562,000 after buying an additional 2,676 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of 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 acquiring an additional 3,437 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Global X U.S. Preferred ETF by 3,623.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after purchasing an additional 2,029 shares in the last quarter. Full Sail Capital LLC grew its holdings in shares of Global X U.S. Preferred ETF by 7.9% in the 2nd quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock worth $20,857,000 after purchasing an additional 77,267 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Global X U.S. Preferred ETF by 822.5% during the 3rd quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after purchasing an additional 2,229 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA:PFFD opened at $19.32 on Wednesday. Global X U.S. Preferred ETF has a 12 month low of $19.06 and a 12 month high of $21.08. The company’s 50-day moving average price is $20.06 and its two-hundred day moving average price is $20.20.

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.