New York Life Investment Management LLC decreased its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 201,409 shares of the company’s stock after selling 8,225 shares during the period. New York Life Investment Management LLC owned 0.17% of Global X U.S. Preferred ETF worth $3,929,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its position 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 valued at $43,000 after buying an additional 2,029 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at about $48,000. Angeles Wealth Management LLC acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at about $60,000. Endeavor Private Wealth Inc. acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at about $91,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at about $114,000.
Global X U.S. Preferred ETF Stock Up 0.3 %
Shares of PFFD opened at $19.86 on Friday. The company has a 50-day simple moving average of $19.72 and a 200-day simple moving average of $20.20. Global X U.S. Preferred ETF has a 52 week low of $19.06 and a 52 week 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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