Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers increased its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 30.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 559,222 shares of the company’s stock after purchasing an additional 129,798 shares during the period. Cetera Investment Advisers owned 0.47% of Global X U.S. Preferred ETF worth $11,005,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Full Sail Capital LLC lifted its holdings in Global X U.S. Preferred ETF by 7.9% in the second quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock worth $20,857,000 after acquiring an additional 77,267 shares during the last quarter. Intrepid Financial Planning Group LLC raised its position in Global X U.S. Preferred ETF by 2.5% in the second quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock worth $583,000 after purchasing an additional 735 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Global X U.S. Preferred ETF by 1.9% during the first quarter. Commonwealth Equity Services LLC now owns 73,663 shares of the company’s stock worth $1,485,000 after buying an additional 1,366 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Global X U.S. Preferred ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock valued at $23,223,000 after purchasing an additional 128,462 shares during the last quarter. Finally, Waterloo Capital L.P. bought a new position in Global X U.S. Preferred ETF in the fourth quarter valued at approximately $222,000.

Global X U.S. Preferred ETF Stock Down 0.3 %

Shares of PFFD stock opened at $20.73 on Friday. Global X U.S. Preferred ETF has a 52 week low of $17.37 and a 52 week high of $21.08. The company has a 50-day simple moving average of $20.31 and a 200 day simple moving average of $19.92.

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.