Stifel Financial Corp Acquires 3,437 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Stifel Financial Corp boosted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 19.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,285 shares of the company’s stock after purchasing an additional 3,437 shares during the quarter. Stifel Financial Corp’s holdings in Global X U.S. Preferred ETF were worth $442,000 at the end of the most recent quarter.

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

Global X U.S. Preferred ETF Price Performance

Shares of Global X U.S. Preferred ETF stock opened at $19.49 on Friday. Global X U.S. Preferred ETF has a 52 week low of $19.06 and a 52 week high of $21.08. The business has a 50 day moving average price of $20.30 and a 200-day moving average price 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.