AHL Investment Management Inc. Grows Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

AHL Investment Management Inc. boosted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 4.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 368,818 shares of the company’s stock after acquiring an additional 16,765 shares during the quarter. Global X U.S. Preferred ETF accounts for approximately 5.3% of AHL Investment Management Inc.’s portfolio, making the stock its 3rd largest holding. AHL Investment Management Inc.’s holdings in Global X U.S. Preferred ETF were worth $7,258,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in PFFD. Charles Schwab Investment Advisory Inc. lifted its holdings in Global X U.S. Preferred ETF by 1.0% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 2,490,909 shares of the company’s stock worth $48,324,000 after buying an additional 24,596 shares during the period. Orgel Wealth Management LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 5.5% during the first quarter. Orgel Wealth Management LLC now owns 1,854,415 shares of the company’s stock valued at $37,385,000 after purchasing an additional 96,209 shares during the last quarter. Rational Advisors LLC purchased a new position in shares of Global X U.S. Preferred ETF during the first quarter valued at approximately $31,261,000. Ratio Wealth Group increased its position in shares of Global X U.S. Preferred ETF by 12.6% during the fourth quarter. Ratio Wealth Group now owns 1,172,798 shares of the company’s stock valued at $22,752,000 after acquiring an additional 131,025 shares in the last quarter. Finally, UBS Group AG increased its position in shares of Global X U.S. Preferred ETF by 2.4% during the fourth quarter. UBS Group AG now owns 791,153 shares of the company’s stock valued at $15,348,000 after acquiring an additional 18,712 shares in the last quarter.

Global X U.S. Preferred ETF Trading Down 0.4 %

NYSEARCA:PFFD traded down $0.08 during trading hours on Monday, reaching $19.63. The company had a trading volume of 644,682 shares, compared to its average volume of 681,130. Global X U.S. Preferred ETF has a 52 week low of $17.37 and a 52 week high of $20.43. The firm’s 50 day moving average price is $19.73 and its 200-day moving average price is $19.80.

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.