Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC trimmed its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 33.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 225,400 shares of the company’s stock after selling 113,772 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Global X U.S. Preferred ETF were worth $4,421,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Intrepid Financial Planning Group LLC boosted its position in Global X U.S. Preferred ETF by 2.0% during the 3rd quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock worth $628,000 after purchasing an additional 590 shares during the period. Centaurus Financial Inc. boosted its position in Global X U.S. Preferred ETF by 4.1% during the 3rd quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock worth $496,000 after purchasing an additional 947 shares during the period. Lewis Asset Management LLC boosted its position in Global X U.S. Preferred ETF by 8.1% during the 3rd quarter. Lewis Asset Management LLC now owns 15,678 shares of the company’s stock worth $326,000 after purchasing an additional 1,177 shares during the period. GPS Wealth Strategies Group LLC boosted its position in Global X U.S. Preferred ETF by 26.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 6,017 shares of the company’s stock worth $117,000 after purchasing an additional 1,269 shares during the period. Finally, Avior Wealth Management LLC boosted its position in Global X U.S. Preferred ETF by 13.6% during the 3rd quarter. Avior Wealth Management LLC now owns 13,959 shares of the company’s stock worth $290,000 after purchasing an additional 1,666 shares during the period.

Global X U.S. Preferred ETF Stock Up 0.7 %

Shares of Global X U.S. Preferred ETF stock opened at $19.76 on Thursday. The company has a fifty day moving average price of $19.85 and a 200 day moving average price of $20.20. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08.

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.