SBI Securities Co. Ltd. purchased a new stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 291,561 shares of the company’s stock, valued at approximately $5,688,000. SBI Securities Co. Ltd. owned approximately 0.24% of Global X U.S. Preferred ETF as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF by 3,623.2% in the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after purchasing an additional 2,029 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Global X U.S. Preferred ETF in the 4th quarter valued at $48,000. Angeles Wealth Management LLC bought a new position in shares of Global X U.S. Preferred ETF during the 4th quarter worth about $60,000. Endeavor Private Wealth Inc. bought a new position in shares of Global X U.S. Preferred ETF during the 4th quarter worth about $91,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at about $114,000.
Global X U.S. Preferred ETF Price Performance
NYSEARCA:PFFD opened at $19.86 on Friday. Global X U.S. Preferred ETF has a 12-month low of $19.06 and a 12-month high of $21.08. The firm has a 50-day moving average price of $19.72 and a 200 day moving average price of $20.20.
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.
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