Breakwater Capital Group Has $244,000 Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Breakwater Capital Group grew its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,418 shares of the company’s stock after buying an additional 1,054 shares during the period. Breakwater Capital Group’s holdings in Global X U.S. Preferred ETF were worth $244,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. lifted its holdings in Global X U.S. Preferred ETF by 0.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 121,987 shares of the company’s stock valued at $2,401,000 after purchasing an additional 826 shares during the last quarter. Crew Capital Management Ltd. boosted its holdings in shares of Global X U.S. Preferred ETF by 153.2% during the 2nd quarter. Crew Capital Management Ltd. now owns 39,494 shares of the company’s stock worth $777,000 after buying an additional 23,899 shares during the period. New Millennium Group LLC acquired a new position in Global X U.S. Preferred ETF in the 2nd quarter valued at about $51,000. Rooted Wealth Advisors Inc. raised its holdings in Global X U.S. Preferred ETF by 20.6% in the 2nd quarter. Rooted Wealth Advisors Inc. now owns 13,500 shares of the company’s stock valued at $269,000 after acquiring an additional 2,308 shares during the period. Finally, AMG National Trust Bank lifted its position in Global X U.S. Preferred ETF by 17.8% during the second quarter. AMG National Trust Bank now owns 27,188 shares of the company’s stock worth $535,000 after acquiring an additional 4,100 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA:PFFD remained flat at $20.25 during trading on Wednesday. The stock had a trading volume of 641,557 shares, compared to its average volume of 675,883. Global X U.S. Preferred ETF has a 12 month low of $17.37 and a 12 month high of $20.43. The company’s 50 day moving average is $19.82 and its 200-day moving average is $19.81.

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.