Global Retirement Partners LLC Has $534,000 Stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Global Retirement Partners LLC reduced its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 31.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,697 shares of the company’s stock after selling 11,605 shares during the quarter. Global Retirement Partners LLC’s holdings in Global X U.S. Preferred ETF were worth $534,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PFFD. LPL Financial LLC boosted its position in Global X U.S. Preferred ETF by 11.9% in the 2nd quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock valued at $121,801,000 after buying an additional 659,248 shares during the last quarter. Global X Japan Co. Ltd. increased its position in Global X U.S. Preferred ETF by 15.7% in the second quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock worth $47,784,000 after purchasing an additional 329,680 shares during the period. Orgel Wealth Management LLC raised its holdings in Global X U.S. Preferred ETF by 9.9% during the 2nd quarter. Orgel Wealth Management LLC now owns 2,037,722 shares of the company’s stock worth $40,102,000 after purchasing an additional 183,307 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Global X U.S. Preferred ETF by 12.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock worth $23,223,000 after purchasing an additional 128,462 shares during the last quarter. Finally, Full Sail Capital LLC lifted its position in Global X U.S. Preferred ETF by 7.9% during the 2nd quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock valued at $20,857,000 after purchasing an additional 77,267 shares during the period.

Global X U.S. Preferred ETF Stock Down 0.1 %

Shares of NYSEARCA PFFD opened at $20.88 on Monday. The firm’s 50-day moving average is $20.52 and its 200-day moving average is $19.96. Global X U.S. Preferred ETF has a 1 year low of $17.37 and a 1 year high of $21.08.

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.