Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. raised its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 23.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,466,319 shares of the company’s stock after buying an additional 274,237 shares during the quarter. Global X U.S. Preferred ETF makes up approximately 1.3% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 6th largest holding. Hennion & Walsh Asset Management Inc.’s holdings in Global X U.S. Preferred ETF were worth $28,608,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of Global X U.S. Preferred ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock valued at $23,223,000 after purchasing an additional 128,462 shares during the last quarter. L & S Advisors Inc lifted its position in shares of Global X U.S. Preferred ETF by 6.8% in the second quarter. L & S Advisors Inc now owns 39,029 shares of the company’s stock worth $768,000 after buying an additional 2,477 shares during the last quarter. Intrepid Financial Planning Group LLC boosted its stake in shares of Global X U.S. Preferred ETF by 2.5% during the 2nd quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock worth $583,000 after acquiring an additional 735 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Global X U.S. Preferred ETF by 19.0% during the 2nd quarter. Sei Investments Co. now owns 361,762 shares of the company’s stock valued at $7,120,000 after acquiring an additional 57,694 shares during the last quarter. Finally, Trinity Legacy Partners LLC raised its stake in shares of Global X U.S. Preferred ETF by 2.2% in the 2nd quarter. Trinity Legacy Partners LLC now owns 363,637 shares of the company’s stock valued at $7,156,000 after acquiring an additional 7,849 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

PFFD opened at $19.74 on Thursday. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08. The business has a 50 day moving average price of $20.02 and a 200 day moving average price of $20.19.

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.