Capitolis Liquid Global Markets LLC Has $5.06 Million Position in Global X U.S. Preferred ETF $PFFD

Capitolis Liquid Global Markets LLC lessened its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 28.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 260,600 shares of the company’s stock after selling 105,400 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in Global X U.S. Preferred ETF were worth $5,063,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in Global X U.S. Preferred ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 5,706,946 shares of the company’s stock worth $110,886,000 after buying an additional 41,798 shares in the last quarter. Ameriprise Financial Inc. increased its position in Global X U.S. Preferred ETF by 9.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 893,243 shares of the company’s stock valued at $17,362,000 after acquiring an additional 79,835 shares in the last quarter. Perissos Private Wealth Management LLC increased its position in Global X U.S. Preferred ETF by 1.0% in the 3rd quarter. Perissos Private Wealth Management LLC now owns 72,944 shares of the company’s stock valued at $1,417,000 after acquiring an additional 752 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Global X U.S. Preferred ETF by 2.7% in the third quarter. Raymond James Financial Inc. now owns 1,021,372 shares of the company’s stock worth $19,845,000 after acquiring an additional 26,592 shares during the last quarter. Finally, Equitable Holdings Inc. raised its stake in shares of Global X U.S. Preferred ETF by 4.8% in the third quarter. Equitable Holdings Inc. now owns 97,507 shares of the company’s stock worth $1,895,000 after acquiring an additional 4,423 shares during the last quarter.

Global X U.S. Preferred ETF Trading Down 0.5%

Shares of PFFD stock opened at $18.57 on Monday. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $19.89. The firm’s 50 day moving average is $19.29 and its 200-day moving average is $19.26.

Global X U.S. Preferred ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.10 dividend. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date was Monday, March 2nd.

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.