Madrona Financial Services LLC Sells 1,096 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Madrona Financial Services LLC lowered its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,944 shares of the company’s stock after selling 1,096 shares during the quarter. Madrona Financial Services LLC’s holdings in Global X U.S. Preferred ETF were worth $487,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Endeavor Private Wealth Inc. acquired a new stake in Global X U.S. Preferred ETF during the 4th quarter valued at approximately $91,000. Mutual Advisors LLC increased its stake in shares of Global X U.S. Preferred ETF by 3.7% in the 4th quarter. Mutual Advisors LLC now owns 73,982 shares of the company’s stock valued at $1,459,000 after acquiring an additional 2,624 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Global X U.S. Preferred ETF by 70.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 32,924 shares of the company’s stock valued at $642,000 after acquiring an additional 13,579 shares in the last quarter. Prairiewood Capital LLC increased its stake in shares of Global X U.S. Preferred ETF by 3.1% in the 4th quarter. Prairiewood Capital LLC now owns 298,394 shares of the company’s stock valued at $5,822,000 after acquiring an additional 8,968 shares in the last quarter. Finally, FLC Capital Advisors increased its stake in shares of Global X U.S. Preferred ETF by 36.6% in the 4th quarter. FLC Capital Advisors now owns 49,131 shares of the company’s stock valued at $959,000 after acquiring an additional 13,171 shares in the last quarter.

Global X U.S. Preferred ETF Trading Down 0.6 %

NYSEARCA:PFFD opened at $19.88 on Thursday. The company has a fifty day moving average of $19.95 and a 200-day moving average of $20.20. Global X U.S. Preferred ETF has a twelve month low of $19.06 and a twelve month high of $21.08.

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.