Flaharty Asset Management LLC Has $21.24 Million Stock Position in Global X U.S. Preferred ETF $PFFD

Flaharty Asset Management LLC increased its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 4.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,122,939 shares of the company’s stock after acquiring an additional 43,052 shares during the quarter. Global X U.S. Preferred ETF accounts for about 2.6% of Flaharty Asset Management LLC’s holdings, making the stock its 18th largest position. Flaharty Asset Management LLC owned approximately 0.96% of Global X U.S. Preferred ETF worth $21,235,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Orgel Wealth Management LLC grew its position in Global X U.S. Preferred ETF by 4.9% during the 4th quarter. Orgel Wealth Management LLC now owns 7,370,268 shares of the company’s stock worth $139,372,000 after purchasing an additional 343,311 shares in the last quarter. Bank of America Corp DE raised its stake in Global X U.S. Preferred ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 5,706,946 shares of the company’s stock valued at $110,886,000 after purchasing an additional 41,798 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Global X U.S. Preferred ETF in the third quarter valued at $30,455,000. FUKOKU MUTUAL LIFE INSURANCE Co lifted its holdings in shares of Global X U.S. Preferred ETF by 68.8% in the third quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,551,000 shares of the company’s stock valued at $30,136,000 after purchasing an additional 632,000 shares in the last quarter. Finally, Lido Advisors LLC boosted its position in shares of Global X U.S. Preferred ETF by 0.5% in the third quarter. Lido Advisors LLC now owns 1,545,514 shares of the company’s stock worth $30,029,000 after buying an additional 8,347 shares during the period.

Global X U.S. Preferred ETF Trading Up 0.6%

Shares of PFFD stock opened at $18.81 on Thursday. Global X U.S. Preferred ETF has a 1-year low of $18.22 and a 1-year high of $19.89. The stock’s fifty day simple moving average is $18.77 and its 200-day simple moving average is $19.02.

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.