Aire Advisors LLC Has $6.47 Million Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Aire Advisors LLC boosted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 11.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 331,733 shares of the company’s stock after acquiring an additional 35,014 shares during the period. Global X U.S. Preferred ETF accounts for 1.3% of Aire Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Aire Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $6,472,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PFFD. LPL Financial LLC increased its stake in shares of Global X U.S. Preferred ETF by 14.9% in the fourth quarter. LPL Financial LLC now owns 8,201,933 shares of the company’s stock worth $160,020,000 after purchasing an additional 1,062,340 shares during the period. Raymond James Financial Inc. bought a new position in Global X U.S. Preferred ETF in the 4th quarter worth approximately $19,537,000. Independent Advisor Alliance acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth approximately $6,698,000. Modern Wealth Management LLC boosted its position in shares of Global X U.S. Preferred ETF by 98.3% in the fourth quarter. Modern Wealth Management LLC now owns 636,103 shares of the company’s stock valued at $12,538,000 after acquiring an additional 315,346 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth $5,688,000.

Global X U.S. Preferred ETF Stock Down 0.1 %

Shares of PFFD stock opened at $19.47 on Tuesday. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08. The firm’s fifty day simple moving average is $19.68 and its 200 day simple moving average is $20.12.

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.