Perissos Private Wealth Management LLC Has $1.84 Million Stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Perissos Private Wealth Management LLC raised its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 29.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 93,688 shares of the company’s stock after buying an additional 21,312 shares during the quarter. Global X U.S. Preferred ETF accounts for about 1.7% of Perissos Private Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Perissos Private Wealth Management LLC’s holdings in Global X U.S. Preferred ETF were worth $1,844,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in shares of Global X U.S. Preferred ETF by 11.9% during the second quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock valued at $121,801,000 after buying an additional 659,248 shares during the last quarter. Ocean Park Asset Management LLC acquired a new stake in Global X U.S. Preferred ETF during the second quarter worth $9,962,000. BNP Paribas Financial Markets increased its holdings in Global X U.S. Preferred ETF by 1,038.4% in the 1st quarter. BNP Paribas Financial Markets now owns 492,734 shares of the company’s stock valued at $9,934,000 after buying an additional 449,450 shares during the period. Global X Japan Co. Ltd. raised its stake in shares of Global X U.S. Preferred ETF by 15.7% in the 2nd quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock valued at $47,784,000 after buying an additional 329,680 shares in the last quarter. Finally, Advisors Management Group Inc. ADV lifted its holdings in shares of Global X U.S. Preferred ETF by 41.2% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 985,522 shares of the company’s stock worth $19,395,000 after acquiring an additional 287,689 shares during the period.

Global X U.S. Preferred ETF Price Performance

NYSEARCA PFFD opened at $20.65 on Monday. Global X U.S. Preferred ETF has a twelve month low of $17.37 and a twelve month high of $20.67. The company’s 50-day simple moving average is $19.99 and its 200 day simple moving average is $19.84.

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.