Lido Advisors LLC Has $30.23 Million Holdings in Global X U.S. Preferred ETF $PFFD

Lido Advisors LLC increased its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 7.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,642,883 shares of the company’s stock after buying an additional 117,625 shares during the period. Lido Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $30,229,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE boosted its position in Global X U.S. Preferred ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 5,706,946 shares of the company’s stock valued at $110,886,000 after acquiring an additional 41,798 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in Global X U.S. Preferred ETF during the 3rd quarter worth about $30,455,000. CWM LLC raised its position in shares of Global X U.S. Preferred ETF by 5.0% in the 4th quarter. CWM LLC now owns 1,426,501 shares of the company’s stock worth $26,975,000 after acquiring an additional 67,943 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Global X U.S. Preferred ETF by 17.1% in the 1st quarter. Cetera Investment Advisers now owns 1,254,426 shares of the company’s stock worth $23,081,000 after acquiring an additional 182,979 shares in the last quarter. Finally, Flaharty Asset Management LLC raised its position in shares of Global X U.S. Preferred ETF by 4.0% in the 4th quarter. Flaharty Asset Management LLC now owns 1,122,939 shares of the company’s stock worth $21,235,000 after acquiring an additional 43,052 shares in the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA:PFFD opened at $18.55 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 business’s 50-day moving average is $18.75 and its 200-day moving average is $18.95.

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.