Sanctuary Advisors LLC Lowers Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Sanctuary Advisors LLC reduced its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 28.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,832 shares of the company’s stock after selling 6,448 shares during the quarter. Sanctuary Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Intrepid Financial Planning Group LLC increased its holdings in Global X U.S. Preferred ETF by 2.0% in the 3rd quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock valued at $628,000 after purchasing an additional 590 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Global X U.S. Preferred ETF by 0.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 121,987 shares of the company’s stock worth $2,401,000 after buying an additional 826 shares during the period. Rockport Wealth LLC grew its stake in shares of Global X U.S. Preferred ETF by 1.6% in the second quarter. Rockport Wealth LLC now owns 53,835 shares of the company’s stock valued at $1,059,000 after buying an additional 834 shares in the last quarter. Centaurus Financial Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 4.1% during the 3rd quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock valued at $496,000 after buying an additional 947 shares during the period. Finally, Essex Financial Services Inc. lifted its position in Global X U.S. Preferred ETF by 2.6% during the 2nd quarter. Essex Financial Services Inc. now owns 39,671 shares of the company’s stock worth $781,000 after acquiring an additional 1,000 shares in the last quarter.

Global X U.S. Preferred ETF Stock Down 0.6 %

PFFD opened at $19.49 on Friday. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08. The company has a fifty day simple moving average of $20.30 and a 200 day simple moving average of $20.20.

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.