HF Advisory Group LLC Sells 2,557 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

HF Advisory Group LLC lessened its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 16.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 12,571 shares of the company’s stock after selling 2,557 shares during the quarter. HF Advisory Group LLC’s holdings in Global X U.S. Preferred ETF were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Ridgewood Investments LLC acquired a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter worth about $25,000. Farther Finance Advisors LLC boosted its position 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 acquiring an additional 2,029 shares during the period. Blue Trust Inc. grew its stake in shares of Global X U.S. Preferred ETF by 822.5% in the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after acquiring an additional 2,229 shares during the last quarter. New Millennium Group LLC bought a new position in Global X U.S. Preferred ETF during the second quarter worth $51,000. Finally, First Horizon Advisors Inc. raised its stake in Global X U.S. Preferred ETF by 32.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock valued at $53,000 after purchasing an additional 650 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of Global X U.S. Preferred ETF stock opened at $20.45 on Thursday. The firm has a fifty day moving average price of $20.66 and a two-hundred day moving average price of $20.05. Global X U.S. Preferred ETF has a fifty-two week low of $18.29 and a fifty-two 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.