Farther Finance Advisors LLC Acquires 2,029 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Farther Finance Advisors LLC lifted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3,623.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,085 shares of the company’s stock after acquiring an additional 2,029 shares during the quarter. Farther Finance Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $43,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in PFFD. Ridgewood Investments LLC bought a new position in Global X U.S. Preferred ETF during the 2nd quarter worth approximately $25,000. Blue Trust Inc. increased its stake in shares of Global X U.S. Preferred ETF by 822.5% in the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after buying an additional 2,229 shares during the period. New Millennium Group LLC purchased a new position in shares of Global X U.S. Preferred ETF in the second quarter worth $51,000. First Horizon Advisors Inc. boosted its position in Global X U.S. Preferred ETF by 32.0% during the 2nd 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. Finally, Future Financial Wealth Managment LLC bought a new stake in Global X U.S. Preferred ETF in the 3rd quarter worth $131,000.

Global X U.S. Preferred ETF Stock Down 0.3 %

Shares of NYSEARCA:PFFD opened at $20.34 on Friday. The company has a 50-day moving average price of $20.69 and a 200-day moving average price of $20.09. Global X U.S. Preferred ETF has a 12 month low of $18.56 and a 12 month high of $21.08.

About Global X U.S. Preferred ETF

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.