Charles Schwab Investment Advisory Inc. Has $412,000 Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Charles Schwab Investment Advisory Inc. lowered its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 99.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,417 shares of the company’s stock after selling 2,470,492 shares during the period. Charles Schwab Investment Advisory Inc.’s holdings in Global X U.S. Preferred ETF were worth $412,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Family Asset Management LLC acquired a new position in shares of Global X U.S. Preferred ETF during the 4th quarter worth $148,000. SWS Partners raised its holdings in shares of Global X U.S. Preferred ETF by 58.6% during the 4th quarter. SWS Partners now owns 191,527 shares of the company’s stock worth $3,716,000 after buying an additional 70,780 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of Global X U.S. Preferred ETF by 28.6% during the 4th quarter. Private Trust Co. NA now owns 30,723 shares of the company’s stock worth $596,000 after buying an additional 6,835 shares in the last quarter. UBS Group AG raised its holdings in shares of Global X U.S. Preferred ETF by 2.4% during the 4th quarter. UBS Group AG now owns 791,153 shares of the company’s stock worth $15,348,000 after buying an additional 18,712 shares in the last quarter. Finally, Simplex Trading LLC acquired a new position in shares of Global X U.S. Preferred ETF during the 4th quarter worth $71,000.

Global X U.S. Preferred ETF Price Performance

PFFD remained flat at $19.90 on Thursday. The company’s stock had a trading volume of 437,589 shares, compared to its average volume of 691,778. 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 firm’s fifty day moving average price is $19.68 and its 200-day moving average price is $19.78.

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.