Mutual Advisors LLC Has $1.46 Million Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Mutual Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 73,982 shares of the company’s stock after purchasing an additional 2,624 shares during the period. Mutual Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $1,459,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Sei Investments Co. lifted its stake in shares of Global X U.S. Preferred ETF by 19.0% in the 2nd quarter. Sei Investments Co. now owns 361,762 shares of the company’s stock valued at $7,120,000 after purchasing an additional 57,694 shares during the last quarter. Rockport Wealth LLC lifted its stake in shares of Global X U.S. Preferred ETF by 1.6% in the 2nd quarter. Rockport Wealth LLC now owns 53,835 shares of the company’s stock valued at $1,059,000 after purchasing an additional 834 shares during the last quarter. Full Sail Capital LLC lifted its stake in shares of Global X U.S. Preferred ETF by 7.9% in the 2nd quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock valued at $20,857,000 after purchasing an additional 77,267 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Global X U.S. Preferred ETF by 20.2% in the 2nd quarter. NewEdge Advisors LLC now owns 69,766 shares of the company’s stock valued at $1,373,000 after purchasing an additional 11,712 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Global X U.S. Preferred ETF by 4.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 42,041 shares of the company’s stock valued at $827,000 after purchasing an additional 1,735 shares during the last quarter.

Global X U.S. Preferred ETF Stock Up 0.5 %

PFFD stock opened at $19.99 on Friday. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08. The company has a fifty day simple moving average of $19.93 and a 200 day simple 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.