Albion Financial Group UT trimmed its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 86.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,154 shares of the company’s stock after selling 56,400 shares during the quarter. Albion Financial Group UT’s holdings in Global X U.S. Preferred ETF were worth $185,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of PFFD. Financial Gravity Asset Management Inc. increased its holdings in Global X U.S. Preferred ETF by 1,449.5% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after buying an additional 1,493 shares during the period. GPS Wealth Strategies Group LLC bought a new position in Global X U.S. Preferred ETF during the fourth quarter worth about $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $35,000. Simplex Trading LLC bought a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter valued at approximately $71,000. Finally, Family Asset Management LLC acquired a new position in shares of Global X U.S. Preferred ETF in the 4th quarter worth approximately $148,000.
Global X U.S. Preferred ETF Stock Performance
Global X U.S. Preferred ETF stock opened at $19.75 on Thursday. The business has a 50 day simple moving average of $19.62 and a 200 day simple moving average of $19.76. Global X U.S. Preferred ETF has a one year low of $17.37 and a one year high of $20.43.
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.
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