Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Bought by CENTRAL TRUST Co

CENTRAL TRUST Co grew its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 64.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 21,920 shares of the company’s stock after acquiring an additional 8,620 shares during the period. CENTRAL TRUST Co’s holdings in Global X U.S. Preferred ETF were worth $428,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PFFD. LPL Financial LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 15.4% in the third quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after purchasing an additional 950,535 shares in the last quarter. Global X Japan Co. Ltd. lifted its holdings in shares of Global X U.S. Preferred ETF by 11.2% in the third quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock valued at $56,096,000 after purchasing an additional 271,468 shares in the last quarter. Orgel Wealth Management LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 9.6% in the third quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock valued at $46,407,000 after purchasing an additional 195,514 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Global X U.S. Preferred ETF by 23.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock valued at $28,608,000 after purchasing an additional 274,237 shares in the last quarter. Finally, Advisors Management Group Inc. ADV lifted its holdings in shares of Global X U.S. Preferred ETF by 3.7% in the fourth quarter. Advisors Management Group Inc. ADV now owns 1,043,416 shares of the company’s stock valued at $20,357,000 after purchasing an additional 37,626 shares in the last quarter.

Global X U.S. Preferred ETF Stock Up 0.3 %

NYSEARCA PFFD opened at $19.62 on Wednesday. Global X U.S. Preferred ETF has a 1-year low of $19.06 and a 1-year high of $21.08. The firm’s fifty day simple moving average is $19.87 and its 200-day simple moving average is $20.20.

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.