Private Advisor Group LLC cut its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 35.8% in the 4th quarter, HoldingsChannel reports. The firm owned 174,006 shares of the company’s stock after selling 97,050 shares during the period. Private Advisor Group LLC’s holdings in Global X U.S. Preferred ETF were worth $3,395,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Good Life Advisors LLC increased its stake in Global X U.S. Preferred ETF by 9.9% in the fourth quarter. Good Life Advisors LLC now owns 49,916 shares of the company’s stock valued at $974,000 after acquiring an additional 4,480 shares during the last quarter. Kestra Investment Management LLC lifted its position in Global X U.S. Preferred ETF by 9.3% in the 4th quarter. Kestra Investment Management LLC now owns 33,504 shares of the company’s stock worth $654,000 after buying an additional 2,858 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in Global X U.S. Preferred ETF in the fourth quarter worth approximately $350,000. Principal Securities Inc. grew its position in Global X U.S. Preferred ETF by 10.1% during the fourth quarter. Principal Securities Inc. now owns 75,896 shares of the company’s stock valued at $1,481,000 after acquiring an additional 6,932 shares during the last quarter. Finally, Hickory Asset Management Inc. purchased a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth approximately $662,000.
Global X U.S. Preferred ETF Price Performance
PFFD stock opened at $19.74 on Monday. Global X U.S. Preferred ETF has a one year low of $19.06 and a one year high of $21.08. The company’s 50 day moving average price is $19.72 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.
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Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
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