First Citizens Bank & Trust Co. Has $288,000 Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

First Citizens Bank & Trust Co. increased its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 43.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,750 shares of the company’s stock after buying an additional 4,448 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Global X U.S. Preferred ETF were worth $288,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. LPL Financial LLC increased its stake in shares of Global X U.S. Preferred ETF by 15.4% during the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock worth $148,361,000 after purchasing an additional 950,535 shares during the last quarter. Global X Japan Co. Ltd. raised its stake in Global X U.S. Preferred ETF by 11.2% in the third quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock valued at $56,096,000 after buying an additional 271,468 shares during the period. Orgel Wealth Management LLC lifted its position in shares of Global X U.S. Preferred ETF by 9.6% in the third quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock valued at $46,407,000 after buying an additional 195,514 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Global X U.S. Preferred ETF by 23.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock worth $28,608,000 after acquiring an additional 274,237 shares during the period. Finally, Advisors Management Group Inc. ADV increased its holdings in shares of Global X U.S. Preferred ETF by 3.7% during the 4th quarter. Advisors Management Group Inc. ADV now owns 1,043,416 shares of the company’s stock worth $20,357,000 after acquiring an additional 37,626 shares during the last quarter.

Global X U.S. Preferred ETF Stock Down 0.9 %

Shares of Global X U.S. Preferred ETF stock opened at $19.96 on Wednesday. The business has a fifty day simple moving average of $19.92 and a two-hundred day simple moving average of $20.21. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08.

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.