Park Avenue Securities LLC Has $6.39 Million Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Park Avenue Securities LLC lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 1.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 307,260 shares of the company’s stock after purchasing an additional 4,640 shares during the quarter. Park Avenue Securities LLC’s holdings in Global X U.S. Preferred ETF were worth $6,385,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Appleton Partners Inc. MA boosted its stake in Global X U.S. Preferred ETF by 1.4% during the 3rd quarter. Appleton Partners Inc. MA now owns 207,967 shares of the company’s stock valued at $4,322,000 after purchasing an additional 2,898 shares during the last quarter. Full Sail Capital LLC boosted its position in shares of Global X U.S. Preferred ETF by 7.9% during the second quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock valued at $20,857,000 after buying an additional 77,267 shares during the last quarter. Intrepid Financial Planning Group LLC boosted its position in shares of Global X U.S. Preferred ETF by 2.5% during the second quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock valued at $583,000 after buying an additional 735 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Global X U.S. Preferred ETF by 1.9% during the first quarter. Commonwealth Equity Services LLC now owns 73,663 shares of the company’s stock worth $1,485,000 after buying an additional 1,366 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in 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 buying an additional 128,462 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

PFFD traded down $0.06 during mid-day trading on Friday, reaching $20.73. 921,366 shares of the stock were exchanged, compared to its average volume of 671,309. Global X U.S. Preferred ETF has a 1 year low of $17.37 and a 1 year high of $21.08. The company has a 50 day moving average price of $20.31 and a two-hundred day moving average price of $19.93.

About Global X U.S. Preferred ETF

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.