Private Advisor Group LLC Has $3.40 Million Stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Private Advisor Group LLC lessened its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 35.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,006 shares of the company’s stock after selling 97,050 shares during the period. Private Advisor Group LLC owned 0.15% of Global X U.S. Preferred ETF worth $3,395,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in Global X U.S. Preferred ETF by 15.4% in the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after buying an additional 950,535 shares during the last quarter. Global X Japan Co. Ltd. raised its stake in shares of Global X U.S. Preferred ETF by 0.3% during the fourth quarter. Global X Japan Co. Ltd. now owns 2,708,021 shares of the company’s stock valued at $52,833,000 after acquiring an additional 8,523 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Global X U.S. Preferred ETF by 23.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock worth $28,608,000 after purchasing an additional 274,237 shares during the period. Advisors Management Group Inc. ADV grew its stake in shares of Global X U.S. Preferred ETF by 3.7% in the fourth quarter. Advisors Management Group Inc. ADV now owns 1,043,416 shares of the company’s stock worth $20,357,000 after purchasing an additional 37,626 shares during the last quarter. Finally, Iron Horse Wealth Management LLC increased its holdings in Global X U.S. Preferred ETF by 4.3% in the fourth quarter. Iron Horse Wealth Management LLC now owns 443,290 shares of the company’s stock valued at $8,649,000 after purchasing an additional 18,196 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD stock opened at $19.74 on Monday. Global X U.S. Preferred ETF has a 1-year low of $19.06 and a 1-year high of $21.08. The stock has a 50-day moving average of $19.72 and a 200-day 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.