Creative Planning Acquires 13,055 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Creative Planning boosted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 945,370 shares of the company’s stock after purchasing an additional 13,055 shares during the period. Creative Planning’s holdings in Global X U.S. Preferred ETF were worth $19,645,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC grew its position in Global X U.S. Preferred ETF by 11.9% in the second quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock valued at $121,801,000 after purchasing an additional 659,248 shares in the last quarter. Global X Japan Co. Ltd. grew its position in shares of Global X U.S. Preferred ETF by 15.7% in the 2nd quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock valued at $47,784,000 after acquiring an additional 329,680 shares during the period. Orgel Wealth Management LLC grew its position in shares of Global X U.S. Preferred ETF by 9.9% in the 2nd quarter. Orgel Wealth Management LLC now owns 2,037,722 shares of the company’s stock valued at $40,102,000 after acquiring an additional 183,307 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Global X U.S. Preferred ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock valued at $23,223,000 after acquiring an additional 128,462 shares during the period. Finally, Full Sail Capital LLC grew its position in shares of Global X U.S. Preferred ETF by 7.9% in the 2nd quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock valued at $20,857,000 after acquiring an additional 77,267 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD opened at $20.70 on Tuesday. The firm has a 50-day moving average of $20.52 and a 200-day moving average of $19.96. Global X U.S. Preferred ETF has a one year low of $17.52 and a one year high of $21.08.

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.