Global X U.S. Preferred ETF (NYSEARCA:PFFD) Stock Holdings Trimmed by Albion Financial Group UT

Albion Financial Group UT lessened its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 86.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 9,154 shares of the company’s stock after selling 56,400 shares during the quarter. Albion Financial Group UT’s holdings in Global X U.S. Preferred ETF were worth $185,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of PFFD. Fifth Third Securities Inc. raised its holdings in Global X U.S. Preferred ETF by 50.7% during the first quarter. Fifth Third Securities Inc. now owns 77,083 shares of the company’s stock worth $1,554,000 after purchasing an additional 25,948 shares in the last quarter. RHS Financial LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the first quarter valued at $1,313,000. Iron Horse Wealth Management LLC boosted its stake in Global X U.S. Preferred ETF by 5.6% during the first quarter. Iron Horse Wealth Management LLC now owns 384,916 shares of the company’s stock valued at $7,760,000 after buying an additional 20,504 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Global X U.S. Preferred ETF by 54.9% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 784,754 shares of the company’s stock valued at $15,821,000 after buying an additional 278,198 shares in the last quarter. Finally, Orgel Wealth Management LLC grew its holdings in Global X U.S. Preferred ETF by 5.5% during the first quarter. Orgel Wealth Management LLC now owns 1,854,415 shares of the company’s stock worth $37,385,000 after acquiring an additional 96,209 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA PFFD opened at $19.75 on Thursday. Global X U.S. Preferred ETF has a twelve month low of $17.37 and a twelve month high of $20.43. The firm has a 50-day moving average of $19.62 and a two-hundred day moving average of $19.76.

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.