Gladstone Institutional Advisory LLC Buys 10,124 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Gladstone Institutional Advisory LLC grew its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 11.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,966 shares of the company’s stock after buying an additional 10,124 shares during the period. Gladstone Institutional Advisory LLC owned 0.08% of Global X U.S. Preferred ETF worth $1,931,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PFFD. Sanctuary Advisors LLC bought a new position in shares of Global X U.S. Preferred ETF in the second quarter worth approximately $432,000. Creative Planning lifted its stake in shares of Global X U.S. Preferred ETF by 1.4% during the 3rd quarter. Creative Planning now owns 945,370 shares of the company’s stock valued at $19,645,000 after buying an additional 13,055 shares in the last quarter. NBC Securities Inc. lifted its stake in shares of Global X U.S. Preferred ETF by 20.5% during the 3rd quarter. NBC Securities Inc. now owns 22,227 shares of the company’s stock valued at $461,000 after buying an additional 3,787 shares in the last quarter. FLC Capital Advisors boosted its holdings in Global X U.S. Preferred ETF by 81.5% in the 3rd quarter. FLC Capital Advisors now owns 35,960 shares of the company’s stock worth $747,000 after buying an additional 16,148 shares during the period. Finally, Leicht Financial Planning & Wealth Management Inc. increased its stake in Global X U.S. Preferred ETF by 1.0% in the 3rd quarter. Leicht Financial Planning & Wealth Management Inc. now owns 200,712 shares of the company’s stock worth $4,171,000 after buying an additional 1,891 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

Shares of Global X U.S. Preferred ETF stock opened at $19.57 on Thursday. The stock’s 50-day simple moving average is $19.78 and its 200-day simple moving average is $20.19. Global X U.S. Preferred ETF has a 52 week low of $19.06 and a 52 week high of $21.08.

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.