SBI Securities Co. Ltd. purchased a new stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 291,561 shares of the company’s stock, valued at approximately $5,688,000.
Other institutional investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Global X U.S. Preferred ETF by 22.3% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,000 shares of the company’s stock worth $419,000 after acquiring an additional 3,645 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Global X U.S. Preferred ETF by 11.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 27,063 shares of the company’s stock valued at $562,000 after purchasing an additional 2,676 shares in the last quarter. Financial Advocates Investment Management bought a new position in Global X U.S. Preferred ETF in the 3rd quarter worth approximately $455,000. Focus Financial Network Inc. lifted its holdings in Global X U.S. Preferred ETF by 3.1% during the 3rd quarter. Focus Financial Network Inc. now owns 64,235 shares of the company’s stock worth $1,335,000 after buying an additional 1,959 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC boosted its position in Global X U.S. Preferred ETF by 718.7% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 88,842 shares of the company’s stock valued at $1,846,000 after buying an additional 77,991 shares during the last quarter.
Global X U.S. Preferred ETF Price Performance
NYSEARCA PFFD opened at $19.86 on Friday. Global X U.S. Preferred ETF has a 52 week low of $19.06 and a 52 week high of $21.08. The stock has a fifty day moving average of $19.72 and a 200-day moving average of $20.20.
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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