Jacobsen Capital Management Invests $203,000 in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Jacobsen Capital Management purchased a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,747 shares of the company’s stock, valued at approximately $203,000.

A number of other large investors also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its position in shares of Global X U.S. Preferred ETF by 11.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 27,063 shares of the company’s stock worth $562,000 after buying an additional 2,676 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Global X U.S. Preferred ETF by 22.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,000 shares of the company’s stock valued at $419,000 after purchasing an additional 3,645 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its position in Global X U.S. Preferred ETF by 39.3% in the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 35,185 shares of the company’s stock valued at $731,000 after purchasing an additional 9,925 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Global X U.S. Preferred ETF by 13.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 1,192,082 shares of the company’s stock valued at $24,771,000 after purchasing an additional 140,769 shares during the last quarter. Finally, Iron Horse Wealth Management LLC lifted its position in Global X U.S. Preferred ETF by 5.8% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 425,094 shares of the company’s stock valued at $8,833,000 after purchasing an additional 23,407 shares during the last quarter.

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

Shares of NYSEARCA:PFFD opened at $20.49 on Wednesday. The company’s 50-day moving average price is $20.62 and its 200 day moving average price is $20.00. Global X U.S. Preferred ETF has a fifty-two week low of $17.58 and a fifty-two week 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.