Adams Asset Advisors LLC bought a new stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 43,530 shares of the company’s stock, valued at approximately $766,000.
Several other large investors also recently modified their holdings of PFFD. Envestnet Asset Management Inc. lifted its stake in Global X U.S. Preferred ETF by 12.1% in the second quarter. Envestnet Asset Management Inc. now owns 2,522,498 shares of the company’s stock valued at $47,145,000 after purchasing an additional 272,858 shares during the last quarter. Lido Advisors LLC increased its position in Global X U.S. Preferred ETF by 7.7% in the first quarter. Lido Advisors LLC now owns 1,642,883 shares of the company’s stock worth $30,229,000 after buying an additional 117,625 shares during the last quarter. Cetera Investment Advisers increased its position in Global X U.S. Preferred ETF by 17.1% in the first quarter. Cetera Investment Advisers now owns 1,254,426 shares of the company’s stock worth $23,081,000 after buying an additional 182,979 shares during the last quarter. Sei Investments Co. raised its stake in shares of Global X U.S. Preferred ETF by 12.4% in the first quarter. Sei Investments Co. now owns 1,116,743 shares of the company’s stock valued at $20,548,000 after buying an additional 123,362 shares during the period. Finally, Bessemer Group Inc. bought a new stake in shares of Global X U.S. Preferred ETF in the first quarter valued at $18,434,000.
Global X U.S. Preferred ETF Price Performance
Shares of NYSEARCA PFFD remained flat at $17.48 during trading on Thursday. The stock had a trading volume of 2,599,465 shares, compared to its average volume of 723,417. Global X U.S. Preferred ETF has a 1 year low of $17.36 and a 1 year high of $19.65. The firm has a 50-day moving average of $18.20 and a 200-day moving average of $18.55.
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.
Further Reading
- Five stocks we like better than Global X U.S. Preferred ETF
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
