Global X U.S. Preferred ETF $PFFD Shares Bought by Carnegie Investment Counsel

Carnegie Investment Counsel boosted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 25.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 497,028 shares of the company’s stock after buying an additional 102,320 shares during the period. Carnegie Investment Counsel’s holdings in Global X U.S. Preferred ETF were worth $9,145,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of PFFD. Orgel Wealth Management LLC grew its stake in Global X U.S. Preferred ETF by 4.9% during the 4th quarter. Orgel Wealth Management LLC now owns 7,370,268 shares of the company’s stock valued at $139,372,000 after acquiring an additional 343,311 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Global X U.S. Preferred ETF by 0.7% in the third quarter. Bank of America Corp DE now owns 5,706,946 shares of the company’s stock valued at $110,886,000 after purchasing an additional 41,798 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Global X U.S. Preferred ETF in the third quarter valued at about $30,455,000. Lido Advisors LLC increased its position in Global X U.S. Preferred ETF by 0.5% during the third quarter. Lido Advisors LLC now owns 1,545,514 shares of the company’s stock worth $30,029,000 after purchasing an additional 8,347 shares during the last quarter. Finally, CWM LLC raised its stake in Global X U.S. Preferred ETF by 5.0% during the fourth quarter. CWM LLC now owns 1,426,501 shares of the company’s stock worth $26,975,000 after purchasing an additional 67,943 shares during the period.

Global X U.S. Preferred ETF Stock Performance

Shares of Global X U.S. Preferred ETF stock opened at $18.65 on Monday. The stock has a 50 day moving average of $18.83 and a 200 day moving average of $18.97. Global X U.S. Preferred ETF has a fifty-two week low of $18.22 and a fifty-two week high of $19.89.

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.