Private Trust Co. NA Has $718,000 Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Private Trust Co. NA lowered its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,814 shares of the company’s stock after selling 2,955 shares during the period. Private Trust Co. NA’s holdings in Global X U.S. Preferred ETF were worth $718,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in shares of Global X U.S. Preferred ETF by 3,623.2% in the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after purchasing an additional 2,029 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at approximately $48,000. Angeles Wealth Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at approximately $60,000. Endeavor Private Wealth Inc. acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at approximately $91,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at approximately $114,000.

Global X U.S. Preferred ETF Price Performance

Shares of Global X U.S. Preferred ETF stock opened at $19.86 on Friday. Global X U.S. Preferred ETF has a fifty-two week low of $19.06 and a fifty-two week high of $21.08. The firm 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 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.