Global X U.S. Preferred ETF (NYSEARCA:PFFD) Sets New 52-Week High at $21.08

Global X U.S. Preferred ETF (NYSEARCA:PFFD) shares reached a new 52-week high on Monday . The stock traded as high as $21.08 and last traded at $20.95, with a volume of 30563 shares traded. The stock had previously closed at $20.96.

Global X U.S. Preferred ETF Stock Down 0.2 %

The company’s fifty day moving average price is $20.20 and its two-hundred day moving average price is $19.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PFFD. Focus Financial Network Inc. ADV acquired a new position in Global X U.S. Preferred ETF during the 4th quarter worth about $309,000. Waterloo Capital L.P. acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth approximately $222,000. Bluefin Capital Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter valued at approximately $321,000. Austin Wealth Management LLC grew its stake in shares of Global X U.S. Preferred ETF by 8.8% during the fourth quarter. Austin Wealth Management LLC now owns 25,547 shares of the company’s stock valued at $509,000 after purchasing an additional 2,069 shares during the last quarter. Finally, Appleton Partners Inc. MA increased its holdings in shares of Global X U.S. Preferred ETF by 3.1% in the first quarter. Appleton Partners Inc. MA now owns 202,778 shares of the company’s stock valued at $4,088,000 after purchasing an additional 6,142 shares in the last quarter.

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.