Cibc World Markets Corp Acquires 2,313 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Cibc World Markets Corp raised its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 2.6% during the fourth quarter, HoldingsChannel reports. The firm owned 89,676 shares of the company’s stock after acquiring an additional 2,313 shares during the quarter. Cibc World Markets Corp’s holdings in Global X U.S. Preferred ETF were worth $1,750,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Rockport Wealth LLC grew its holdings in shares of Global X U.S. Preferred ETF by 29.7% during the 4th quarter. Rockport Wealth LLC now owns 83,919 shares of the company’s stock valued at $1,697,000 after purchasing an additional 19,226 shares during the last quarter. Collaborative Wealth Managment Inc. grew its stake in shares of Global X U.S. Preferred ETF by 3.1% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 408,193 shares of the company’s stock worth $7,964,000 after buying an additional 12,146 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Global X U.S. Preferred ETF by 2.2% during the fourth quarter. Corient Private Wealth LLC now owns 28,689 shares of the company’s stock worth $560,000 after buying an additional 624 shares in the last quarter. Intrepid Financial Planning Group LLC lifted its stake in shares of Global X U.S. Preferred ETF by 21.4% in the 4th quarter. Intrepid Financial Planning Group LLC now owns 36,705 shares of the company’s stock valued at $716,000 after acquiring an additional 6,470 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in Global X U.S. Preferred ETF by 17.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 30,449 shares of the company’s stock worth $594,000 after acquiring an additional 4,625 shares during the last quarter.

Global X U.S. Preferred ETF Stock Down 0.2 %

Shares of PFFD opened at $19.49 on Friday. The business has a 50-day simple moving average of $19.68 and a two-hundred day simple moving average of $20.13. Global X U.S. Preferred ETF has a 12-month low of $19.06 and a 12-month high of $21.08.

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.