Naples Global Advisors LLC Has $7.56 Million Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Naples Global Advisors LLC lifted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 11.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 385,631 shares of the company’s stock after acquiring an additional 40,381 shares during the quarter. Naples Global Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $7,562,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. LPL Financial LLC grew its position in Global X U.S. Preferred ETF by 15.4% during the third quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after purchasing an additional 950,535 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Global X U.S. Preferred ETF by 23.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock valued at $28,608,000 after buying an additional 274,237 shares during the period. Global X Japan Co. Ltd. grew its holdings in shares of Global X U.S. Preferred ETF by 11.2% during the 3rd quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock valued at $56,096,000 after acquiring an additional 271,468 shares in the last quarter. Columbus Macro LLC increased its stake in shares of Global X U.S. Preferred ETF by 219.8% in the fourth quarter. Columbus Macro LLC now owns 357,931 shares of the company’s stock worth $6,983,000 after acquiring an additional 246,020 shares during the last quarter. Finally, Orgel Wealth Management LLC increased its stake in shares of Global X U.S. Preferred ETF by 9.6% in the third quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock worth $46,407,000 after acquiring an additional 195,514 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

PFFD opened at $19.57 on Thursday. The stock has a fifty day moving average price of $19.78 and a 200 day moving average price of $20.19. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08.

Global X U.S. Preferred ETF Company 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.