Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Sold by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC decreased its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 69,124 shares of the company’s stock after selling 2,788 shares during the period. Plimoth Trust Co. LLC’s holdings in Global X U.S. Preferred ETF were worth $1,349,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. NewEdge Advisors LLC increased its stake in Global X U.S. Preferred ETF by 20.2% during the 2nd quarter. NewEdge Advisors LLC now owns 69,766 shares of the company’s stock worth $1,373,000 after buying an additional 11,712 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Global X U.S. Preferred ETF by 4.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 42,041 shares of the company’s stock valued at $827,000 after buying an additional 1,735 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Global X U.S. Preferred ETF by 30.2% during the 2nd quarter. Cetera Investment Advisers now owns 559,222 shares of the company’s stock valued at $11,005,000 after buying an additional 129,798 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter valued at about $432,000. Finally, Appleton Partners Inc. MA grew its position in shares of Global X U.S. Preferred ETF by 1.4% during the 3rd quarter. Appleton Partners Inc. MA now owns 207,967 shares of the company’s stock valued at $4,322,000 after buying an additional 2,898 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA:PFFD traded up $0.04 during trading on Wednesday, reaching $20.00. 48,153 shares of the company’s stock traded hands, compared to its average volume of 720,434. Global X U.S. Preferred ETF has a 12 month low of $19.06 and a 12 month high of $21.08. The company has a 50 day moving average of $19.92 and a 200-day moving average of $20.21.

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.