Flow Traders U.S. LLC Purchases New Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Flow Traders U.S. LLC acquired a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,882 shares of the company’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC grew its stake in 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 buying an additional 950,535 shares during the last quarter. Ocean Park Asset Management LLC acquired a new position in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at $9,962,000. Global X Japan Co. Ltd. increased its holdings in shares of Global X U.S. Preferred ETF by 15.7% in the 2nd quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock valued at $47,784,000 after acquiring an additional 329,680 shares during the period. Advisors Management Group Inc. ADV raised its position in Global X U.S. Preferred ETF by 41.2% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 985,522 shares of the company’s stock valued at $19,395,000 after purchasing an additional 287,689 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in Global X U.S. Preferred ETF by 34.0% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,051,313 shares of the company’s stock worth $20,690,000 after purchasing an additional 266,559 shares during the period.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA PFFD opened at $20.31 on Friday. The firm’s fifty day moving average is $20.57 and its two-hundred day moving average is $20.17. Global X U.S. Preferred ETF has a one year low of $18.87 and a one year high of $21.08.

Global X U.S. Preferred ETF 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.