World Investment Advisors LLC Takes $260,000 Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

World Investment Advisors LLC purchased a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the third quarter, Holdings Channel.com reports. The fund purchased 12,501 shares of the company’s stock, valued at approximately $260,000.

Several other large investors have also added to or reduced their stakes in PFFD. LPL Financial LLC lifted its position in shares of Global X U.S. Preferred ETF by 15.4% in the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock worth $148,361,000 after purchasing an additional 950,535 shares during the period. Ocean Park Asset Management LLC purchased a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter worth approximately $9,962,000. Global X Japan Co. Ltd. raised its position in shares of Global X U.S. Preferred ETF by 15.7% in the 2nd quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock worth $47,784,000 after acquiring an additional 329,680 shares in the last quarter. Advisors Management Group Inc. ADV raised its position in shares of Global X U.S. Preferred ETF by 41.2% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 985,522 shares of the company’s stock worth $19,395,000 after acquiring an additional 287,689 shares in the last quarter. Finally, Orgel Wealth Management LLC lifted its stake in shares of Global X U.S. Preferred ETF by 9.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock valued at $46,407,000 after purchasing an additional 195,514 shares during the period.

Global X U.S. Preferred ETF Stock Down 1.3 %

Shares of PFFD stock opened at $19.75 on Thursday. The business’s fifty day moving average is $20.44 and its 200 day moving average is $20.20. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08.

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.