Stifel Financial Corp Acquires 3,437 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Stifel Financial Corp lifted its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 19.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,285 shares of the company’s stock after purchasing an additional 3,437 shares during the period. Stifel Financial Corp’s holdings in Global X U.S. Preferred ETF were worth $442,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its stake in Global X U.S. Preferred ETF by 3,623.2% in the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after purchasing an additional 2,029 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Global X U.S. Preferred ETF by 822.5% in the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after buying an additional 2,229 shares during the period. Future Financial Wealth Managment LLC purchased a new position in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at $131,000. Larson Financial Group LLC bought a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter worth $159,000. Finally, Jacobsen Capital Management purchased a new stake in Global X U.S. Preferred ETF in the 3rd quarter worth about $203,000.

Global X U.S. Preferred ETF Stock Performance

Shares of Global X U.S. Preferred ETF stock opened at $19.49 on Friday. Global X U.S. Preferred ETF has a 52-week low of $19.06 and a 52-week high of $21.08. The stock’s 50-day simple moving average is $20.30 and its 200 day simple moving average is $20.20.

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.