Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Sold by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC lowered its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 38.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,143 shares of the company’s stock after selling 12,329 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ridgewood Investments LLC acquired a new stake in Global X U.S. Preferred ETF during the second quarter valued at $25,000. New Millennium Group LLC acquired a new stake in Global X U.S. Preferred ETF during the second quarter valued at $51,000. First Horizon Advisors Inc. grew its position in Global X U.S. Preferred ETF by 32.0% during the second quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock valued at $53,000 after buying an additional 650 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in Global X U.S. Preferred ETF during the first quarter valued at $149,000. Finally, Larson Financial Group LLC acquired a new stake in Global X U.S. Preferred ETF during the second quarter valued at $159,000.

Global X U.S. Preferred ETF Stock Performance

PFFD stock opened at $20.97 on Friday. The firm’s fifty day moving average is $20.06 and its 200 day moving average is $19.86. Global X U.S. Preferred ETF has a one year low of $17.37 and a one year high of $20.97.

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.