Nwam LLC Purchases 24,564 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Nwam LLC lifted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 116.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 45,720 shares of the company’s stock after acquiring an additional 24,564 shares during the period. Nwam LLC’s holdings in Global X U.S. Preferred ETF were worth $892,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. lifted its position in Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after purchasing an additional 2,229 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Global X U.S. Preferred ETF by 22.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,000 shares of the company’s stock valued at $419,000 after purchasing an additional 3,645 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Global X U.S. Preferred ETF by 11.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 27,063 shares of the company’s stock valued at $562,000 after purchasing an additional 2,676 shares during the period. Mutual Advisors LLC lifted its position in Global X U.S. Preferred ETF by 2.5% during the third quarter. Mutual Advisors LLC now owns 71,358 shares of the company’s stock valued at $1,471,000 after purchasing an additional 1,759 shares during the period. Finally, Financial Advocates Investment Management bought a new position in Global X U.S. Preferred ETF during the third quarter valued at approximately $455,000.

Global X U.S. Preferred ETF Stock Performance

Shares of Global X U.S. Preferred ETF stock opened at $19.86 on Friday. The company’s 50 day moving average is $19.72 and its 200 day moving average is $20.20. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month 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.