Raymond James & Associates decreased its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 15.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 122,274 shares of the company’s stock after selling 22,327 shares during the quarter. Raymond James & Associates’ holdings in Global X U.S. Preferred ETF were worth $2,541,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Ridgewood Investments LLC bought a new stake in Global X U.S. Preferred ETF during the second quarter worth about $25,000. Blue Trust Inc. increased its position in shares of Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after acquiring an additional 2,229 shares in the last quarter. New Millennium Group LLC bought a new position in Global X U.S. Preferred ETF in the second quarter valued at $51,000. First Horizon Advisors Inc. lifted its stake in Global X U.S. Preferred ETF by 32.0% in the second quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock valued at $53,000 after acquiring an additional 650 shares during the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new stake in Global X U.S. Preferred ETF in the third quarter valued at $131,000.
Global X U.S. Preferred ETF Stock Performance
NYSEARCA PFFD opened at $20.68 on Wednesday. Global X U.S. Preferred ETF has a 52-week low of $18.29 and a 52-week high of $21.08. The firm has a 50-day moving average of $20.65 and a 200-day moving average of $20.04.
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.
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