Cary Street Partners Asset Management LLC Cuts Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Cary Street Partners Asset Management LLC lessened its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 55.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,625 shares of the company’s stock after selling 21,954 shares during the quarter. Cary Street Partners Asset Management LLC’s holdings in Global X U.S. Preferred ETF were worth $342,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Millington Financial Advisors LLC increased its holdings in shares of Global X U.S. Preferred ETF by 6.2% in the 3rd quarter. Millington Financial Advisors LLC now owns 16,426 shares of the company’s stock valued at $309,000 after purchasing an additional 955 shares in the last quarter. Private Advisor Group LLC increased its holdings in Global X U.S. Preferred ETF by 3.1% during the 3rd quarter. Private Advisor Group LLC now owns 33,020 shares of the company’s stock valued at $621,000 after acquiring an additional 1,008 shares in the last quarter. Breakwater Capital Group increased its holdings in Global X U.S. Preferred ETF by 9.8% during the 3rd quarter. Breakwater Capital Group now owns 16,050 shares of the company’s stock valued at $289,000 after acquiring an additional 1,439 shares in the last quarter. Financial Gravity Asset Management Inc. increased its holdings in Global X U.S. Preferred ETF by 1,449.5% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after acquiring an additional 1,493 shares in the last quarter. Finally, HF Advisory Group LLC increased its holdings in Global X U.S. Preferred ETF by 7.4% during the 3rd quarter. HF Advisory Group LLC now owns 22,085 shares of the company’s stock valued at $415,000 after acquiring an additional 1,521 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA:PFFD opened at $19.46 on Thursday. The firm has a 50-day moving average price of $19.90 and a two-hundred day moving average price of $19.42. Global X U.S. Preferred ETF has a twelve month low of $17.37 and a twelve month high of $20.43.

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.