Investors Research Corp lessened its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,406 shares of the company’s stock after selling 1,651 shares during the period. Investors Research Corp owned about 0.06% of Global X U.S. Preferred ETF worth $1,471,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of PFFD. Raymond James Financial Inc. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth $19,537,000. LPL Financial LLC boosted its position in shares of Global X U.S. Preferred ETF by 15.4% in the third quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock worth $148,361,000 after buying an additional 950,535 shares during the period. Independent Advisor Alliance acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth $6,698,000. SBI Securities Co. Ltd. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth $5,688,000. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Global X U.S. Preferred ETF by 23.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock worth $28,608,000 after buying an additional 274,237 shares during the period.
Global X U.S. Preferred ETF Stock Down 0.4 %
Shares of Global X U.S. Preferred ETF stock opened at $19.42 on Monday. Global X U.S. Preferred ETF has a 12 month low of $19.06 and a 12 month high of $21.08. The business has a fifty day simple moving average of $19.72 and a 200-day simple moving average of $20.19.
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.
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