Global X U.S. Preferred ETF (NYSEARCA:PFFD) Position Boosted by Principal Securities Inc.

Principal Securities Inc. boosted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 10.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 75,896 shares of the company’s stock after buying an additional 6,932 shares during the period. Principal Securities Inc.’s holdings in Global X U.S. Preferred ETF were worth $1,481,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC increased its holdings in shares of Global X U.S. Preferred ETF by 12.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 19,679 shares of the company’s stock valued at $384,000 after acquiring an additional 2,118 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Global X U.S. Preferred ETF by 11.0% during the third 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 raised its holdings in shares of Global X U.S. Preferred ETF by 19.3% during the third quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock worth $442,000 after purchasing an additional 3,437 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Global X U.S. Preferred ETF by 3,623.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after buying an additional 2,029 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Global X U.S. Preferred ETF by 822.5% in the 3rd quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after buying an additional 2,229 shares during the period.

Global X U.S. Preferred ETF Trading Down 0.3 %

PFFD opened at $19.77 on Wednesday. The company’s 50-day moving average price is $19.75 and its 200 day moving average price is $20.20. Global X U.S. Preferred ETF has a fifty-two week low of $19.06 and a fifty-two week 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.