Osaic Holdings Inc. Increases Holdings in Global X U.S. Preferred ETF $PFFD

Osaic Holdings Inc. boosted its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 56.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 201,917 shares of the company’s stock after buying an additional 72,660 shares during the period. Osaic Holdings Inc. owned 0.17% of Global X U.S. Preferred ETF worth $3,817,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. boosted its position in shares of Global X U.S. Preferred ETF by 5.5% during the 1st quarter. Raymond James Financial Inc. now owns 1,056,338 shares of the company’s stock valued at $20,113,000 after acquiring an additional 54,974 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Global X U.S. Preferred ETF by 153.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 141,924 shares of the company’s stock worth $2,702,000 after purchasing an additional 85,965 shares during the period. Note Advisors LLC raised its stake in Global X U.S. Preferred ETF by 9.4% during the first quarter. Note Advisors LLC now owns 120,227 shares of the company’s stock worth $2,289,000 after purchasing an additional 10,341 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Global X U.S. Preferred ETF by 5.9% in the 1st quarter. Gerber Kawasaki Wealth & Investment Management now owns 124,773 shares of the company’s stock valued at $2,376,000 after purchasing an additional 6,980 shares during the last quarter. Finally, MAI Capital Management grew its stake in shares of Global X U.S. Preferred ETF by 53.8% in the 1st quarter. MAI Capital Management now owns 340,532 shares of the company’s stock valued at $6,484,000 after buying an additional 119,082 shares during the period.

Global X U.S. Preferred ETF Stock Performance

Shares of NYSEARCA PFFD opened at $19.10 on Thursday. The company has a 50 day simple moving average of $19.06 and a 200-day simple moving average of $19.17. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $20.15.

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.