AMG National Trust Bank Grows Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

AMG National Trust Bank lifted its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 17.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 27,188 shares of the company’s stock after acquiring an additional 4,100 shares during the period. AMG National Trust Bank’s holdings in Global X U.S. Preferred ETF were worth $535,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of PFFD. Family Asset Management LLC purchased a new stake in Global X U.S. Preferred ETF during the 4th quarter worth approximately $148,000. SWS Partners grew its holdings in shares of Global X U.S. Preferred ETF by 58.6% during the fourth quarter. SWS Partners now owns 191,527 shares of the company’s stock valued at $3,716,000 after buying an additional 70,780 shares during the last quarter. UBS Group AG increased its position in shares of Global X U.S. Preferred ETF by 2.4% in the 4th quarter. UBS Group AG now owns 791,153 shares of the company’s stock valued at $15,348,000 after acquiring an additional 18,712 shares during the period. Simplex Trading LLC purchased a new position in Global X U.S. Preferred ETF in the 4th quarter worth $71,000. Finally, Avantax Advisory Services Inc. lifted its position in Global X U.S. Preferred ETF by 7.1% during the 4th quarter. Avantax Advisory Services Inc. now owns 54,053 shares of the company’s stock worth $1,049,000 after acquiring an additional 3,589 shares during the period.

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

Shares of PFFD stock traded up $0.13 during mid-day trading on Friday, reaching $20.23. The stock had a trading volume of 772,454 shares, compared to its average volume of 673,552. Global X U.S. Preferred ETF has a 1-year low of $17.37 and a 1-year high of $20.43. The business’s fifty day moving average is $19.80 and its 200-day moving average is $19.80.

Global X U.S. Preferred ETF 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.