Sanctuary Advisors LLC Invests $432,000 in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Sanctuary Advisors LLC acquired a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the 2nd quarter, HoldingsChannel reports. The fund acquired 22,280 shares of the company’s stock, valued at approximately $432,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Full Sail Capital LLC boosted 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 purchasing an additional 77,267 shares during the period. Intrepid Financial Planning Group LLC boosted its position in shares of Global X U.S. Preferred ETF by 2.5% in the 2nd quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock valued at $583,000 after purchasing an additional 735 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Global X U.S. Preferred ETF by 1.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 73,663 shares of the company’s stock valued at $1,485,000 after purchasing an additional 1,366 shares during the period. Envestnet Asset Management Inc. boosted 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 purchasing an additional 128,462 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of Global X U.S. Preferred ETF by 4.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 672,124 shares of the company’s stock valued at $13,227,000 after purchasing an additional 26,238 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA PFFD opened at $20.96 on Thursday. Global X U.S. Preferred ETF has a 52-week low of $17.37 and a 52-week high of $21.08. The business has a 50-day moving average price of $20.48 and a 200 day moving average price of $19.95.

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.