Global X U.S. Preferred ETF (NYSEARCA:PFFD) Holdings Lifted by Naples Global Advisors LLC

Naples Global Advisors LLC boosted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 11.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 385,631 shares of the company’s stock after acquiring an additional 40,381 shares during the quarter. Naples Global Advisors LLC owned about 0.32% of Global X U.S. Preferred ETF worth $7,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in shares of Global X U.S. Preferred ETF by 3,623.2% during the 3rd 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 last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter worth $48,000. Blue Trust Inc. raised its position in shares of Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after purchasing an additional 2,229 shares during the period. Angeles Wealth Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter valued at $60,000. Finally, Endeavor Private Wealth Inc. acquired a new position in shares of Global X U.S. Preferred ETF in the 4th quarter valued at $91,000.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD opened at $19.57 on Thursday. The business’s 50-day moving average price is $19.78 and its 200 day moving average price is $20.19. 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 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.