Janney Montgomery Scott LLC lifted its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 65.3% in the 1st quarter, Holdings Channel reports. The fund owned 109,350 shares of the company’s stock after acquiring an additional 43,211 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Global X U.S. Preferred ETF were worth $2,012,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Columbus Macro LLC raised its holdings in shares of Global X U.S. Preferred ETF by 22.3% during the first quarter. Columbus Macro LLC now owns 919,406 shares of the company’s stock worth $16,917,000 after acquiring an additional 167,907 shares during the period. Independent Wealth Network Inc. acquired a new position in Global X U.S. Preferred ETF in the 1st quarter worth $194,000. Kestra Private Wealth Services LLC bought a new position in Global X U.S. Preferred ETF during the 1st quarter worth about $195,000. Breakwater Capital Group bought a new position in Global X U.S. Preferred ETF during the 1st quarter worth about $199,000. Finally, CENTRAL TRUST Co raised its stake in shares of Global X U.S. Preferred ETF by 23.3% in the 1st quarter. CENTRAL TRUST Co now owns 42,935 shares of the company’s stock valued at $790,000 after purchasing an additional 8,122 shares during the period.
Global X U.S. Preferred ETF Price Performance
PFFD opened at $18.68 on Friday. The business’s 50-day moving average price is $18.83 and its two-hundred day moving average price is $18.98. Global X U.S. Preferred ETF has a 1 year low of $18.22 and a 1 year high of $19.89.
Global X U.S. Preferred ETF Company 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.
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Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
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