Naples Global Advisors LLC Has $9.87 Million Stake in Global X U.S. Preferred ETF $PFFD

Naples Global Advisors LLC raised its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 10.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 507,722 shares of the company’s stock after acquiring an additional 49,357 shares during the quarter. Global X U.S. Preferred ETF comprises 0.8% of Naples Global Advisors LLC’s holdings, making the stock its 26th largest position. Naples Global Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $9,865,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Blair William & Co. IL grew its position in shares of Global X U.S. Preferred ETF by 3,442.9% during the 2nd quarter. Blair William & Co. IL now owns 2,728 shares of the company’s stock worth $51,000 after purchasing an additional 2,651 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in Global X U.S. Preferred ETF during the second quarter worth approximately $102,000. Geneos Wealth Management Inc. grew its position in Global X U.S. Preferred ETF by 117.0% during the second quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock worth $104,000 after buying an additional 2,974 shares in the last quarter. Harbour Investments Inc. increased its position in shares of Global X U.S. Preferred ETF by 718.7% in the second quarter. Harbour Investments Inc. now owns 5,600 shares of the company’s stock worth $105,000 after purchasing an additional 4,916 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new position in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at approximately $129,000.

Global X U.S. Preferred ETF Price Performance

Global X U.S. Preferred ETF stock opened at $19.60 on Friday. The stock has a fifty day moving average of $19.07 and a 200-day moving average of $19.24. Global X U.S. Preferred ETF has a 52 week low of $17.81 and a 52 week high of $20.15.

About Global X U.S. Preferred ETF

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.