Webster Bank N. A. boosted its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 3,294.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 29,870 shares of the company’s stock after purchasing an additional 28,990 shares during the period. Webster Bank N. A.’s holdings in Global X U.S. Preferred ETF were worth $550,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in PFFD. Prairiewood Capital LLC raised its position in Global X U.S. Preferred ETF by 4.2% in the first quarter. Prairiewood Capital LLC now owns 402,800 shares of the company’s stock worth $7,412,000 after acquiring an additional 16,399 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of Global X U.S. Preferred ETF by 37.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 61,069 shares of the company’s stock valued at $1,155,000 after acquiring an additional 16,740 shares during the period. World Investment Advisors bought a new position in shares of Global X U.S. Preferred ETF during the 4th quarter valued at approximately $470,000. AG Campbell Advisory LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter worth approximately $50,000. Finally, SHP Wealth Management purchased a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter worth approximately $94,000.
Global X U.S. Preferred ETF Stock Down 0.8%
NYSEARCA:PFFD opened at $18.74 on Tuesday. Global X U.S. Preferred ETF has a 12 month low of $18.22 and a 12 month high of $19.89. The firm’s 50 day moving average is $18.91 and its 200 day moving average is $19.01.
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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Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
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