Global Retirement Partners LLC Decreases Stock Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Global Retirement Partners LLC reduced its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 9.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 23,358 shares of the company’s stock after selling 2,339 shares during the quarter. Global Retirement Partners LLC’s holdings in Global X U.S. Preferred ETF were worth $456,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PFFD. Trilogy Capital Inc. lifted its position in Global X U.S. Preferred ETF by 2.8% during the fourth 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 last quarter. Intrepid Financial Planning Group LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 2.0% in the 3rd quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock valued at $628,000 after acquiring an additional 590 shares during the last quarter. Financial Advocates Investment Management lifted its holdings in shares of Global X U.S. Preferred ETF by 4.3% in the 4th quarter. Financial Advocates Investment Management now owns 22,812 shares of the company’s stock valued at $445,000 after acquiring an additional 938 shares during the last quarter. Centaurus Financial Inc. grew its position in Global X U.S. Preferred ETF by 4.1% in the third quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock worth $496,000 after acquiring an additional 947 shares in the last quarter. Finally, Lewis Asset Management LLC increased its stake in Global X U.S. Preferred ETF by 8.1% during the third quarter. Lewis Asset Management LLC now owns 15,678 shares of the company’s stock worth $326,000 after acquiring an additional 1,177 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

NYSEARCA:PFFD opened at $19.74 on Monday. The business has a 50 day simple moving average of $19.72 and a 200-day simple moving average of $20.20. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08.

About Global X U.S. Preferred ETF

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.