Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Acquired by Rockport Wealth LLC

Rockport Wealth LLC grew its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 29.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 83,919 shares of the company’s stock after acquiring an additional 19,226 shares during the quarter. Global X U.S. Preferred ETF comprises approximately 0.8% of Rockport Wealth LLC’s holdings, making the stock its 19th largest position. Rockport Wealth LLC owned approximately 0.07% of Global X U.S. Preferred ETF worth $1,697,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in Global X U.S. Preferred ETF by 15.4% during the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock worth $148,361,000 after acquiring an additional 950,535 shares during the period. Global X Japan Co. Ltd. boosted its position in Global X U.S. Preferred ETF by 0.3% during the 4th quarter. Global X Japan Co. Ltd. now owns 2,708,021 shares of the company’s stock worth $52,833,000 after acquiring an additional 8,523 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings 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 valued at $28,608,000 after buying an additional 274,237 shares during the period. Advisors Management Group Inc. ADV lifted its holdings in shares of Global X U.S. Preferred ETF by 3.7% in the fourth quarter. Advisors Management Group Inc. ADV now owns 1,043,416 shares of the company’s stock valued at $20,357,000 after buying an additional 37,626 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at $19,537,000.

Global X U.S. Preferred ETF Stock Performance

Shares of Global X U.S. Preferred ETF stock opened at $19.43 on Monday. The business has a fifty day simple moving average of $19.69 and a 200-day simple moving average of $20.15. 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.