GSB Wealth Management LLC Lowers Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

GSB Wealth Management LLC trimmed its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 10.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 206,423 shares of the company’s stock after selling 22,865 shares during the period. Global X U.S. Preferred ETF makes up about 1.0% of GSB Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. GSB Wealth Management LLC’s holdings in Global X U.S. Preferred ETF were worth $4,027,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealthcare Advisory Partners LLC lifted its stake in shares of Global X U.S. Preferred ETF by 12.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 19,679 shares of the company’s stock worth $384,000 after buying an additional 2,118 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Global X U.S. Preferred ETF by 11.0% during the 3rd 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 last quarter. Stifel Financial Corp increased its holdings in shares of Global X U.S. Preferred ETF by 19.3% in the 3rd quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock worth $442,000 after purchasing an additional 3,437 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF by 3,623.2% in the third 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 during the last quarter. Finally, Full Sail Capital LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 7.9% during the second 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.

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

Global X U.S. Preferred ETF stock opened at $19.99 on Friday. Global X U.S. Preferred ETF has a one year low of $19.06 and a one year high of $21.08. The business’s fifty day moving average is $19.93 and its 200 day moving average is $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.