Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 25.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 302,620 shares of the company’s stock after acquiring an additional 62,016 shares during the period. Park Avenue Securities LLC owned 0.25% of Global X U.S. Preferred ETF worth $5,956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Family Asset Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter worth approximately $148,000. SWS Partners lifted its position in Global X U.S. Preferred ETF by 58.6% in the fourth quarter. SWS Partners now owns 191,527 shares of the company’s stock valued at $3,716,000 after acquiring an additional 70,780 shares during the last quarter. Private Trust Co. NA increased its stake in Global X U.S. Preferred ETF by 28.6% in the fourth quarter. Private Trust Co. NA now owns 30,723 shares of the company’s stock valued at $596,000 after purchasing an additional 6,835 shares during the period. UBS Group AG increased its stake in Global X U.S. Preferred ETF by 2.4% in the fourth quarter. UBS Group AG now owns 791,153 shares of the company’s stock valued at $15,348,000 after purchasing an additional 18,712 shares during the period. Finally, Simplex Trading LLC acquired a new position in Global X U.S. Preferred ETF in the fourth quarter valued at $71,000.

Global X U.S. Preferred ETF Trading Up 0.2 %

PFFD traded up $0.03 on Wednesday, hitting $19.59. 519,670 shares of the company were exchanged, compared to its average volume of 684,707. Global X U.S. Preferred ETF has a fifty-two week low of $17.37 and a fifty-two week high of $20.43. The business’s fifty day moving average is $19.73 and its 200 day moving average is $19.81.

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.