CreativeOne Wealth LLC Sells 11,333 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

CreativeOne Wealth LLC reduced its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 11.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 84,086 shares of the company’s stock after selling 11,333 shares during the quarter. CreativeOne Wealth LLC owned 0.07% of Global X U.S. Preferred ETF worth $1,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PFFD. Rialto Wealth Management LLC bought a new stake in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $31,000. Heck Capital Advisors LLC purchased a new position in shares of Global X U.S. Preferred ETF during the 4th quarter worth $48,000. Angeles Wealth Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at $60,000. Endeavor Private Wealth Inc. purchased a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter worth $91,000. Finally, Golden State Wealth Management LLC bought a new position in Global X U.S. Preferred ETF in the 4th quarter worth $114,000.

Global X U.S. Preferred ETF Price Performance

NYSEARCA:PFFD opened at $18.21 on Wednesday. The stock has a 50-day simple moving average of $19.26 and a two-hundred day simple moving average of $19.87. Global X U.S. Preferred ETF has a 52-week low of $17.81 and a 52-week 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.