Cibc World Markets Corp Purchases 2,313 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Cibc World Markets Corp lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,676 shares of the company’s stock after purchasing an additional 2,313 shares during the period. Cibc World Markets Corp owned 0.07% of Global X U.S. Preferred ETF worth $1,750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in PFFD. Trilogy Capital Inc. boosted its holdings in Global X U.S. Preferred ETF by 2.8% in the 4th quarter. Trilogy Capital Inc. now owns 18,109 shares of the company’s stock valued at $353,000 after purchasing an additional 501 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Global X U.S. Preferred ETF by 2.2% in the fourth quarter. Corient Private Wealth LLC now owns 28,689 shares of the company’s stock valued at $560,000 after buying an additional 624 shares during the period. Freestone Capital Holdings LLC grew its position in Global X U.S. Preferred ETF by 7.7% during the fourth quarter. Freestone Capital Holdings LLC now owns 11,634 shares of the company’s stock worth $227,000 after buying an additional 833 shares in the last quarter. Financial Advocates Investment Management increased its stake in Global X U.S. Preferred ETF by 4.3% during the 4th quarter. Financial Advocates Investment Management now owns 22,812 shares of the company’s stock worth $445,000 after acquiring an additional 938 shares during the period. Finally, Centaurus Financial Inc. raised its holdings in Global X U.S. Preferred ETF by 4.1% in the 3rd quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock valued at $496,000 after acquiring an additional 947 shares in the last quarter.

Global X U.S. Preferred ETF Price Performance

PFFD opened at $19.49 on Friday. Global X U.S. Preferred ETF has a 52-week low of $19.06 and a 52-week high of $21.08. The business’s fifty day moving average is $19.68 and its 200-day moving average is $20.13.

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.