Breakwater Capital Group reduced its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 24.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,804 shares of the company’s stock after selling 3,412 shares during the period. Breakwater Capital Group’s holdings in Global X U.S. Preferred ETF were worth $206,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new position in Global X U.S. Preferred ETF during the 4th quarter valued at about $31,000. Vermillion Wealth Management Inc. bought a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter worth $48,000. Heck Capital Advisors LLC acquired a new position in shares of Global X U.S. Preferred ETF in the 4th quarter valued at $48,000. Aptus Capital Advisors LLC boosted its holdings in shares of Global X U.S. Preferred ETF by 89.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 2,962 shares of the company’s stock worth $58,000 after buying an additional 1,398 shares during the period. Finally, Angeles Wealth Management LLC acquired a new position in Global X U.S. Preferred ETF in the 4th quarter worth approximately $60,000.
Global X U.S. Preferred ETF Price Performance
Shares of Global X U.S. Preferred ETF stock opened at $18.71 on Friday. The stock has a 50-day moving average price of $18.59 and a 200 day moving average price of $19.36. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year 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.
Recommended Stories
- Five stocks we like better than Global X U.S. Preferred ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- 3 Stocks Getting Rare Double Upgrades From Analysts
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- This Banking Giant Just Got a $90 Price Target Upgrade
Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
