Western Wealth Management LLC cut its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 21.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,259 shares of the company’s stock after selling 7,277 shares during the quarter. Western Wealth Management LLC’s holdings in Global X U.S. Preferred ETF were worth $513,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the company. Simplex Trading LLC grew its holdings in Global X U.S. Preferred ETF by 226.6% during the first quarter. Simplex Trading LLC now owns 2,361 shares of the company’s stock valued at $44,000 after purchasing an additional 1,638 shares during the period. Anderson Financial Strategies LLC acquired a new stake in Global X U.S. Preferred ETF in the first quarter worth $46,000. Blair William & Co. IL boosted its position in shares of Global X U.S. Preferred ETF by 3,442.9% during the second quarter. Blair William & Co. IL now owns 2,728 shares of the company’s stock worth $51,000 after purchasing an additional 2,651 shares in the last quarter. Fortitude Family Office LLC bought a new position in shares of Global X U.S. Preferred ETF during the second quarter worth $67,000. Finally, Harbour Investments Inc. grew its holdings in shares of Global X U.S. Preferred ETF by 718.7% in the 2nd quarter. Harbour Investments Inc. now owns 5,600 shares of the company’s stock valued at $105,000 after buying an additional 4,916 shares during the period.
Global X U.S. Preferred ETF Stock Performance
PFFD opened at $18.74 on Wednesday. Global X U.S. Preferred ETF has a 12 month low of $17.81 and a 12 month high of $20.57. The company has a fifty day simple moving average of $19.39 and a 200 day simple moving average of $19.13.
Global X U.S. Preferred ETF Company 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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