Sound Income Strategies LLC increased its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 265,584 shares of the company’s stock after acquiring an additional 9,129 shares during the quarter. Sound Income Strategies LLC’s holdings in Global X U.S. Preferred ETF were worth $5,182,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the business. Farther Finance Advisors LLC grew its holdings in shares of Global X U.S. Preferred ETF by 3,623.2% during the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after buying an additional 2,029 shares in the last quarter. Blue Trust Inc. lifted its stake in Global X U.S. Preferred ETF by 822.5% in the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after acquiring an additional 2,229 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new stake in Global X U.S. Preferred ETF in the 4th quarter valued at about $91,000. Future Financial Wealth Managment LLC bought a new position in shares of Global X U.S. Preferred ETF during the 3rd quarter worth approximately $131,000. Finally, Jacobsen Capital Management acquired a new position in shares of Global X U.S. Preferred ETF in the third quarter valued at $203,000.
Global X U.S. Preferred ETF Price Performance
NYSEARCA:PFFD opened at $19.89 on Friday. The stock has a 50 day simple moving average of $19.94 and a 200 day simple moving average of $20.19. Global X U.S. Preferred ETF has a 1-year low of $19.06 and a 1-year 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.
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