Larson Financial Group LLC Sells 669 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Larson Financial Group LLC reduced its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 6.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,789 shares of the company’s stock after selling 669 shares during the quarter. Larson Financial Group LLC’s holdings in Global X U.S. Preferred ETF were worth $191,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of Global X U.S. Preferred ETF by 15.4% during the 3rd 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 during the last quarter. Global X Japan Co. Ltd. grew its holdings in shares of Global X U.S. Preferred ETF by 0.3% during the 4th quarter. Global X Japan Co. Ltd. now owns 2,708,021 shares of the company’s stock valued at $52,833,000 after purchasing an additional 8,523 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Global X U.S. Preferred ETF by 23.0% during the 4th 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 during the last quarter. Advisors Management Group Inc. ADV grew its holdings in shares of Global X U.S. Preferred ETF by 3.7% during the 4th 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 during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at approximately $19,537,000.

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

Shares of Global X U.S. Preferred ETF stock opened at $19.25 on Wednesday. The firm’s 50 day moving average is $19.71 and its 200 day moving average is $20.17. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year high of $21.08.

Global X U.S. Preferred ETF 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.