SWS Partners Buys 44,903 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

SWS Partners increased its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 24.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,036 shares of the company’s stock after buying an additional 44,903 shares during the quarter. Global X U.S. Preferred ETF accounts for 1.3% of SWS Partners’ portfolio, making the stock its 15th biggest holding. SWS Partners’ holdings in Global X U.S. Preferred ETF were worth $4,413,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its position in shares of Global X U.S. Preferred ETF by 12.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 19,679 shares of the company’s stock valued at $384,000 after purchasing an additional 2,118 shares during the period. Wealth Enhancement Advisory Services LLC boosted 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 worth $562,000 after buying an additional 2,676 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Global X U.S. Preferred ETF by 19.3% in the 3rd quarter. Stifel Financial Corp now owns 21,285 shares of the company’s stock valued at $442,000 after buying an additional 3,437 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 3,623.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after acquiring an additional 2,029 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at about $350,000.

Global X U.S. Preferred ETF Price Performance

NYSEARCA PFFD opened at $19.70 on Tuesday. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08. The company’s 50-day simple moving average is $19.72 and its 200 day simple moving average is $20.20.

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.