Hennion & Walsh Asset Management Inc. Buys 140,769 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Hennion & Walsh Asset Management Inc. increased its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 13.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,192,082 shares of the company’s stock after acquiring an additional 140,769 shares during the period. Global X U.S. Preferred ETF makes up approximately 1.2% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 9th largest holding. Hennion & Walsh Asset Management Inc. owned about 0.99% of Global X U.S. Preferred ETF worth $24,771,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Full Sail Capital LLC raised its position 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 valued at $20,857,000 after purchasing an additional 77,267 shares in the last quarter. Appleton Partners Inc. MA increased its holdings in shares of Global X U.S. Preferred ETF by 1.4% in the 3rd quarter. Appleton Partners Inc. MA now owns 207,967 shares of the company’s stock valued at $4,322,000 after acquiring an additional 2,898 shares during the last quarter. Intrepid Financial Planning Group LLC increased its holdings in shares of Global X U.S. Preferred ETF by 2.5% in the 2nd quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock valued at $583,000 after acquiring an additional 735 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Global X U.S. Preferred ETF by 1.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 73,663 shares of the company’s stock valued at $1,485,000 after acquiring an additional 1,366 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings 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 acquiring an additional 128,462 shares during the last quarter.

Global X U.S. Preferred ETF Trading Down 0.8 %

Shares of NYSEARCA PFFD opened at $20.60 on Thursday. Global X U.S. Preferred ETF has a twelve month low of $17.58 and a twelve month high of $21.08. The business has a 50 day simple moving average of $20.58 and a 200-day simple moving average of $19.98.

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.