Accel Wealth Management Buys 4,205 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Accel Wealth Management lifted its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 8.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,736 shares of the company’s stock after acquiring an additional 4,205 shares during the quarter. Accel Wealth Management’s holdings in Global X U.S. Preferred ETF were worth $1,029,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC raised its holdings in Global X U.S. Preferred ETF by 12.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 19,679 shares of the company’s stock valued at $384,000 after acquiring an additional 2,118 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of 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 worth $562,000 after purchasing an additional 2,676 shares in the last quarter. Stifel Financial Corp raised its stake in Global X U.S. Preferred ETF by 19.3% during the 3rd quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock valued at $442,000 after purchasing an additional 3,437 shares during the period. Farther Finance Advisors LLC lifted its holdings in Global X U.S. Preferred ETF by 3,623.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after purchasing an additional 2,029 shares in the last quarter. Finally, Full Sail Capital LLC boosted its stake in 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 worth $20,857,000 after purchasing an additional 77,267 shares during the period.

Global X U.S. Preferred ETF Stock Up 0.5 %

Shares of PFFD opened at $19.99 on Friday. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08. The company has a 50 day simple moving average of $19.93 and a two-hundred day simple moving average of $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.