Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Sold by Rational Advisors LLC

Rational Advisors LLC trimmed its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 18.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,214,485 shares of the company’s stock after selling 271,767 shares during the period. Global X U.S. Preferred ETF comprises about 2.4% of Rational Advisors LLC’s holdings, making the stock its 13th biggest holding. Rational Advisors LLC owned 1.01% of Global X U.S. Preferred ETF worth $25,237,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. increased its stake in shares of Global X U.S. Preferred ETF by 32.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock worth $53,000 after purchasing an additional 650 shares during the last quarter. Intrepid Financial Planning Group LLC grew its position in Global X U.S. Preferred ETF by 2.5% during the 2nd quarter. Intrepid Financial Planning Group LLC now owns 29,645 shares of the company’s stock worth $583,000 after acquiring an additional 735 shares during the last quarter. Nelson Capital Management LLC grew its holdings in Global X U.S. Preferred ETF by 2.6% during the 1st quarter. Nelson Capital Management LLC now owns 28,930 shares of the company’s stock worth $583,000 after acquiring an additional 739 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Global X U.S. Preferred ETF by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 121,987 shares of the company’s stock worth $2,401,000 after purchasing an additional 826 shares during the last quarter. Finally, Rockport Wealth LLC boosted its stake in shares of Global X U.S. Preferred ETF by 1.6% in the 2nd quarter. Rockport Wealth LLC now owns 53,835 shares of the company’s stock valued at $1,059,000 after purchasing an additional 834 shares during the last quarter.

Global X U.S. Preferred ETF Stock Performance

Global X U.S. Preferred ETF stock opened at $20.56 on Tuesday. Global X U.S. Preferred ETF has a 1 year low of $18.29 and a 1 year high of $21.08. The business has a 50-day moving average of $20.64 and a 200-day moving average of $20.03.

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.