Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Bought by Full Sail Capital LLC

Full Sail Capital LLC lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 7.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,059,788 shares of the company’s stock after purchasing an additional 77,267 shares during the period. Global X U.S. Preferred ETF comprises about 1.4% of Full Sail Capital LLC’s holdings, making the stock its 24th largest position. Full Sail Capital LLC’s holdings in Global X U.S. Preferred ETF were worth $20,857,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in PFFD. UBS Group AG grew its stake in Global X U.S. Preferred ETF by 2.4% during the 4th quarter. UBS Group AG now owns 791,153 shares of the company’s stock worth $15,348,000 after buying an additional 18,712 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at approximately $309,000. American Investment Services Inc. purchased a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth approximately $196,000. Ratio Wealth Group increased its holdings in shares of Global X U.S. Preferred ETF by 12.6% in the 4th quarter. Ratio Wealth Group now owns 1,172,798 shares of the company’s stock valued at $22,752,000 after acquiring an additional 131,025 shares during the period. Finally, SWS Partners raised its position in Global X U.S. Preferred ETF by 58.6% in the 4th quarter. SWS Partners now owns 191,527 shares of the company’s stock valued at $3,716,000 after purchasing an additional 70,780 shares during the last quarter.

Global X U.S. Preferred ETF Trading Up 0.2 %

Shares of NYSEARCA:PFFD opened at $20.96 on Friday. Global X U.S. Preferred ETF has a 1-year low of $17.37 and a 1-year high of $21.06. The firm has a fifty day moving average price of $20.20 and a 200 day moving average price of $19.90.

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.