Wealth Enhancement Advisory Services LLC Buys 15,004 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Wealth Enhancement Advisory Services LLC boosted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 55.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,067 shares of the company’s stock after purchasing an additional 15,004 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Global X U.S. Preferred ETF were worth $874,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of PFFD. LPL Financial LLC raised its stake in Global X U.S. Preferred ETF by 15.4% in the third quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after purchasing an additional 950,535 shares in the last quarter. Global X Japan Co. Ltd. grew its position in Global X U.S. Preferred ETF by 11.2% during the 3rd quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock worth $56,096,000 after acquiring an additional 271,468 shares during the last quarter. Orgel Wealth Management LLC increased its stake in shares of Global X U.S. Preferred ETF by 9.6% in the third quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock worth $46,407,000 after buying an additional 195,514 shares during the period. Hennion & Walsh Asset Management Inc. increased its position in shares of Global X U.S. Preferred ETF by 13.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 1,192,082 shares of the company’s stock valued at $24,771,000 after acquiring an additional 140,769 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Global X U.S. Preferred ETF by 12.2% during 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.

Global X U.S. Preferred ETF Stock Performance

Shares of NYSEARCA PFFD opened at $19.74 on Thursday. Global X U.S. Preferred ETF has a 12 month low of $19.06 and a 12 month high of $21.08. The firm has a fifty day simple moving average of $20.03 and a two-hundred day simple moving average of $20.19.

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.