Commonwealth Equity Services LLC Purchases 15,081 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Commonwealth Equity Services LLC lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 18.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,705 shares of the company’s stock after buying an additional 15,081 shares during the quarter. Commonwealth Equity Services LLC owned about 0.08% of Global X U.S. Preferred ETF worth $1,906,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Rialto Wealth Management LLC acquired a new stake in Global X U.S. Preferred ETF in the fourth quarter worth $31,000. Heck Capital Advisors LLC bought a new position in Global X U.S. Preferred ETF in the fourth quarter worth approximately $48,000. Angeles Wealth Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter valued at approximately $60,000. Endeavor Private Wealth Inc. acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth approximately $91,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Global X U.S. Preferred ETF in the 4th quarter worth $114,000.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD opened at $19.13 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 stock has a 50 day moving average price of $19.66 and a two-hundred day moving average price of $20.09.

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.