Crews Bank & Trust Purchases New Shares in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Crews Bank & Trust purchased a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 122,055 shares of the company’s stock, valued at approximately $2,381,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in Global X U.S. Preferred ETF by 3,623.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after buying an additional 2,029 shares in the last quarter. Blue Trust Inc. raised its position in shares of Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after acquiring an additional 2,229 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at $91,000. Future Financial Wealth Managment LLC bought a new position in Global X U.S. Preferred ETF in the third quarter valued at about $131,000. Finally, Jacobsen Capital Management acquired a new stake in Global X U.S. Preferred ETF in the third quarter worth about $203,000.

Global X U.S. Preferred ETF Stock Performance

Global X U.S. Preferred ETF stock opened at $19.87 on Thursday. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08. The company’s 50-day moving average is $19.92 and its two-hundred day moving average is $20.20.

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.