1,079,887 Shares in Global X U.S. Preferred ETF $PFFD Purchased by Flaharty Asset Management LLC

Flaharty Asset Management LLC bought a new stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,079,887 shares of the company’s stock, valued at approximately $20,982,000. Global X U.S. Preferred ETF comprises about 2.7% of Flaharty Asset Management LLC’s holdings, making the stock its 18th biggest holding. Flaharty Asset Management LLC owned approximately 0.90% of Global X U.S. Preferred ETF as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 1,157.8% in the first quarter. Goldman Sachs Group Inc. now owns 153,598 shares of the company’s stock valued at $2,925,000 after purchasing an additional 141,386 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Global X U.S. Preferred ETF in the 2nd quarter valued at $149,000. Wealthcare Advisory Partners LLC lifted its position in Global X U.S. Preferred ETF by 13.9% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 24,172 shares of the company’s stock worth $455,000 after buying an additional 2,954 shares in the last quarter. Iron Horse Wealth Management LLC lifted its position in Global X U.S. Preferred ETF by 1.5% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 304,662 shares of the company’s stock worth $5,737,000 after buying an additional 4,523 shares in the last quarter. Finally, Plimoth Trust Co. LLC boosted its stake in shares of Global X U.S. Preferred ETF by 3.9% during the 2nd quarter. Plimoth Trust Co. LLC now owns 65,205 shares of the company’s stock worth $1,228,000 after buying an additional 2,430 shares during the last quarter.

Global X U.S. Preferred ETF Stock Performance

Shares of NYSEARCA PFFD opened at $19.42 on Friday. The business has a 50-day moving average of $19.17 and a 200-day moving average of $19.26. Global X U.S. Preferred ETF has a fifty-two week low of $17.81 and a fifty-two week high of $20.03.

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.