Global X U.S. Preferred ETF $PFFD Stock Position Raised by Lido Advisors LLC

Lido Advisors LLC increased its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,537,167 shares of the company’s stock after buying an additional 45,043 shares during the period. Lido Advisors LLC owned 1.27% of Global X U.S. Preferred ETF worth $28,945,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Orgel Wealth Management LLC bought a new stake in Global X U.S. Preferred ETF in the second quarter worth $131,115,000. New York Life Investment Management LLC boosted its stake in shares of Global X U.S. Preferred ETF by 562.4% during the 2nd quarter. New York Life Investment Management LLC now owns 1,848,925 shares of the company’s stock worth $34,815,000 after acquiring an additional 1,569,805 shares in the last quarter. Global X Japan Co. Ltd. increased its holdings in shares of Global X U.S. Preferred ETF by 11.6% during the 2nd quarter. Global X Japan Co. Ltd. now owns 3,540,531 shares of the company’s stock valued at $66,668,000 after acquiring an additional 367,420 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Global X U.S. Preferred ETF by 14.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,642,627 shares of the company’s stock valued at $30,927,000 after acquiring an additional 209,405 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in Global X U.S. Preferred ETF in the 1st quarter worth approximately $2,960,000.

Global X U.S. Preferred ETF Trading Up 0.2%

Shares of PFFD stock opened at $18.96 on Friday. Global X U.S. Preferred ETF has a 12 month low of $17.81 and a 12 month high of $20.53. The business’s 50 day moving average is $19.24 and its two-hundred day moving average is $19.13.

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.