Naples Global Advisors LLC lifted its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 5.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 535,866 shares of the company’s stock after purchasing an additional 28,144 shares during the quarter. Naples Global Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $10,185,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter worth about $50,000. Smartleaf Asset Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the second quarter worth about $102,000. Geneos Wealth Management Inc. grew its position in shares of 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 purchasing an additional 2,974 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Global X U.S. Preferred ETF by 40.5% during the second quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock worth $158,000 after purchasing an additional 2,415 shares in the last quarter. Finally, Insigneo Advisory Services LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the third quarter worth about $194,000.
Global X U.S. Preferred ETF Stock Performance
NYSEARCA:PFFD opened at $19.14 on Monday. Global X U.S. Preferred ETF has a 12-month low of $18.22 and a 12-month high of $19.89. The stock has a 50-day moving average price of $18.80 and a 200 day moving average price of $19.05.
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.
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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).
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