Kohmann Bosshard Financial Services LLC Has $1.14 Million Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Kohmann Bosshard Financial Services LLC cut its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 22.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,385 shares of the company’s stock after selling 17,115 shares during the quarter. Kohmann Bosshard Financial Services LLC’s holdings in Global X U.S. Preferred ETF were worth $1,139,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its stake in 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 last quarter. Heck Capital Advisors LLC acquired a new stake in Global X U.S. Preferred ETF in the fourth quarter valued at approximately $48,000. Angeles Wealth Management LLC acquired a new stake in Global X U.S. Preferred ETF in the fourth quarter valued at approximately $60,000. Endeavor Private Wealth Inc. acquired a new stake in 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 Global X U.S. Preferred ETF in the fourth quarter valued at approximately $114,000.

Global X U.S. Preferred ETF Trading Up 0.3 %

NYSEARCA PFFD opened at $19.86 on Friday. The company has a 50 day moving average price of $19.72 and a two-hundred day moving average price of $20.20. Global X U.S. Preferred ETF has a 12-month low of $19.06 and a 12-month 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.