Collective Family Office LLC Has $11.49 Million Stock Holdings in Global X U.S. Preferred ETF $PFFD

Collective Family Office LLC boosted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 21.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 607,376 shares of the company’s stock after purchasing an additional 106,896 shares during the period. Global X U.S. Preferred ETF comprises 2.6% of Collective Family Office LLC’s holdings, making the stock its 9th biggest holding. Collective Family Office LLC owned approximately 0.52% of Global X U.S. Preferred ETF worth $11,485,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC purchased a new position in shares of Global X U.S. Preferred ETF during the second quarter valued at approximately $102,000. Geneos Wealth Management Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 117.0% in the second quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock worth $104,000 after buying an additional 2,974 shares during the period. Evolution Wealth Management Inc. purchased a new stake in shares of Global X U.S. Preferred ETF in the second quarter worth approximately $129,000. Qube Research & Technologies Ltd lifted its stake in shares of Global X U.S. Preferred ETF by 40.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock worth $158,000 after acquiring an additional 2,415 shares during the last quarter. Finally, Cerity Partners LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter worth approximately $193,000.

Global X U.S. Preferred ETF Stock Performance

PFFD opened at $18.59 on Friday. The business has a fifty day moving average of $19.24 and a 200 day moving average of $19.24. Global X U.S. Preferred ETF has a 52-week low of $17.81 and a 52-week high of $19.89.

Global X U.S. Preferred ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend 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.