WCG Wealth Advisors LLC decreased its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 38.0% during the 2nd quarter, Holdings Channel reports. The firm owned 20,143 shares of the company’s stock after selling 12,329 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $396,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of PFFD. UBS Group AG grew its position in shares of Global X U.S. Preferred ETF by 2.4% in the fourth quarter. UBS Group AG now owns 791,153 shares of the company’s stock valued at $15,348,000 after purchasing an additional 18,712 shares during the period. Nations Financial Group Inc. IA ADV grew its position in shares of Global X U.S. Preferred ETF by 60.5% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 22,943 shares of the company’s stock valued at $445,000 after purchasing an additional 8,648 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Global X U.S. Preferred ETF by 80.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 417,486 shares of the company’s stock valued at $8,099,000 after purchasing an additional 186,258 shares during the period. Focus Financial Network Inc. ADV acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at about $309,000. Finally, American Investment Services Inc. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at about $196,000.
Global X U.S. Preferred ETF Price Performance
NYSEARCA:PFFD opened at $20.97 on Friday. The company’s 50-day moving average price is $20.06 and its 200-day moving average price is $19.86. Global X U.S. Preferred ETF has a twelve month low of $17.37 and a twelve month high of $20.97.
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.
See Also
- Five stocks we like better than Global X U.S. Preferred ETF
- What is a Special Dividend?
- Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge
- Insider Selling Explained: Can it Inform Your Investing Choices?
- How the Fed’s Rate Cut Could Supercharge These 3 ETFs
- Which Wall Street Analysts are the Most Accurate?
- Microsoft Stock: 3 Reasons It’s Ready to Crush Q4
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).
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
