Future Financial Wealth Managment LLC Takes $131,000 Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Future Financial Wealth Managment LLC purchased a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,305 shares of the company’s stock, valued at approximately $131,000.

Other hedge funds have also recently modified their holdings of the company. Ridgewood Investments LLC purchased a new stake in Global X U.S. Preferred ETF during the 2nd quarter valued at $25,000. New Millennium Group LLC purchased a new position in Global X U.S. Preferred ETF during the second quarter valued at approximately $51,000. First Horizon Advisors Inc. increased its position in shares of Global X U.S. Preferred ETF by 32.0% in 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 in the last quarter. Larson Financial Group LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the second quarter worth approximately $159,000. Finally, Waterloo Capital L.P. acquired a new position in Global X U.S. Preferred ETF during the fourth quarter worth $222,000.

Global X U.S. Preferred ETF Stock Up 0.8 %

NYSEARCA:PFFD opened at $20.70 on Wednesday. Global X U.S. Preferred ETF has a 1 year low of $17.37 and a 1 year high of $21.08. The stock has a 50-day simple moving average of $20.34 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.