Global X U.S. Preferred ETF $PFFD Stock Holdings Lifted by New York Life Investment Management LLC

New York Life Investment Management LLC lifted its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 15.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,629,610 shares of the company’s stock after buying an additional 223,554 shares during the period. New York Life Investment Management LLC owned approximately 1.51% of Global X U.S. Preferred ETF worth $28,681,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Plimoth Trust Co. LLC grew its stake in shares of Global X U.S. Preferred ETF by 1.1% in the second quarter. Plimoth Trust Co. LLC now owns 70,279 shares of the company’s stock valued at $1,314,000 after buying an additional 741 shares in the last quarter. Triumph Capital Management raised its holdings in shares of Global X U.S. Preferred ETF by 1.5% during the 3rd quarter. Triumph Capital Management now owns 51,541 shares of the company’s stock valued at $907,000 after buying an additional 758 shares during the period. First Citizens Bank & Trust Co. lifted its position in Global X U.S. Preferred ETF by 4.2% during the 1st quarter. First Citizens Bank & Trust Co. now owns 34,875 shares of the company’s stock worth $642,000 after acquiring an additional 1,405 shares in the last quarter. Markowski Investments acquired a new position in Global X U.S. Preferred ETF during the 2nd quarter worth approximately $30,000. Finally, Compass Financial Management LLC acquired a new position in Global X U.S. Preferred ETF during the 2nd quarter worth approximately $36,000.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA PFFD opened at $16.84 on Wednesday. Global X U.S. Preferred ETF has a fifty-two week low of $16.76 and a fifty-two week high of $19.65. The business has a 50 day moving average price of $17.54 and a two-hundred day moving average price of $18.50.

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.