Fortitude Family Office LLC Acquires Shares of 3,544 Global X U.S. Preferred ETF $PFFD

Fortitude Family Office LLC acquired a new stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,544 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of Global X U.S. Preferred ETF by 11.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,433,222 shares of the company’s stock worth $27,289,000 after buying an additional 143,263 shares during the period. Golden State Wealth Management LLC grew its position in shares of Global X U.S. Preferred ETF by 47.2% in the 1st quarter. Golden State Wealth Management LLC now owns 8,626 shares of the company’s stock worth $164,000 after buying an additional 2,765 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of Global X U.S. Preferred ETF by 3.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 31,571 shares of the company’s stock worth $601,000 after buying an additional 1,122 shares during the period. Farther Finance Advisors LLC grew its position in shares of Global X U.S. Preferred ETF by 13,462.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,595 shares of the company’s stock worth $144,000 after buying an additional 7,539 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Global X U.S. Preferred ETF by 79.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 48,533 shares of the company’s stock worth $947,000 after buying an additional 21,470 shares during the period.

Global X U.S. Preferred ETF Stock Down 0.4%

NYSEARCA:PFFD opened at $19.73 on Wednesday. The firm’s 50-day moving average price is $19.35 and its 200-day moving average price is $18.99. Global X U.S. Preferred ETF has a 1-year low of $17.81 and a 1-year high of $21.08.

About Global X U.S. Preferred ETF

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.