HF Advisory Group LLC Has $261,000 Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

HF Advisory Group LLC lessened its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 16.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,571 shares of the company’s stock after selling 2,557 shares during the quarter. HF Advisory Group LLC’s holdings in Global X U.S. Preferred ETF were worth $261,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in Global X U.S. Preferred ETF by 3,623.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after purchasing an additional 2,029 shares during the last quarter. Gladstone Institutional Advisory LLC increased its holdings in Global X U.S. Preferred ETF by 718.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 88,842 shares of the company’s stock worth $1,846,000 after buying an additional 77,991 shares during the last quarter. Focus Financial Network Inc. raised its position in Global X U.S. Preferred ETF by 3.1% during the third quarter. Focus Financial Network Inc. now owns 64,235 shares of the company’s stock valued at $1,335,000 after acquiring an additional 1,959 shares in the last quarter. Austin Wealth Management LLC lifted its stake in Global X U.S. Preferred ETF by 8.4% in the third quarter. Austin Wealth Management LLC now owns 27,564 shares of the company’s stock valued at $573,000 after acquiring an additional 2,129 shares during the last quarter. Finally, Financial Advocates Investment Management acquired a new stake in Global X U.S. Preferred ETF in the third quarter valued at approximately $455,000.

Global X U.S. Preferred ETF Stock Performance

Shares of PFFD opened at $20.45 on Thursday. The company’s fifty day moving average is $20.66 and its 200-day moving average is $20.05. Global X U.S. Preferred ETF has a 12 month low of $18.29 and a 12 month 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.