Fifth Third Securities Inc. lifted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 50.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,083 shares of the company’s stock after acquiring an additional 25,948 shares during the quarter. Fifth Third Securities Inc. owned approximately 0.06% of Global X U.S. Preferred ETF worth $1,554,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in PFFD. Financial Gravity Asset Management Inc. increased its stake in Global X U.S. Preferred ETF by 1,449.5% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after buying an additional 1,493 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new stake in Global X U.S. Preferred ETF during the fourth quarter worth $33,000. Benjamin F. Edwards & Company Inc. purchased a new position in Global X U.S. Preferred ETF in the fourth quarter worth $35,000. Simplex Trading LLC bought a new position in Global X U.S. Preferred ETF in the 4th quarter valued at $71,000. Finally, Family Asset Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at $148,000.
Global X U.S. Preferred ETF Trading Down 0.5 %
NYSEARCA PFFD opened at $19.59 on Tuesday. The business’s fifty day moving average is $19.62 and its 200-day moving average is $19.76. Global X U.S. Preferred ETF has a one year low of $17.37 and a one year high of $20.43.
Global X U.S. Preferred ETF 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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