Global X U.S. Preferred ETF (NYSEARCA:PFFD) is Collective Family Office LLC’s 8th Largest Position

Collective Family Office LLC lessened its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 12.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 355,888 shares of the company’s stock after selling 52,662 shares during the period. Global X U.S. Preferred ETF makes up approximately 2.7% of Collective Family Office LLC’s portfolio, making the stock its 8th biggest holding. Collective Family Office LLC owned 0.31% of Global X U.S. Preferred ETF worth $6,901,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. CoreCap Advisors LLC bought a new position in shares of Global X U.S. Preferred ETF during the 4th quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its holdings in Global X U.S. Preferred ETF by 220.3% during the first quarter. EverSource Wealth Advisors LLC now owns 1,323 shares of the company’s stock valued at $26,000 after purchasing an additional 910 shares during the period. Newbridge Financial Services Group Inc. increased its position in Global X U.S. Preferred ETF by 556.5% in the first quarter. Newbridge Financial Services Group Inc. now owns 1,405 shares of the company’s stock worth $28,000 after buying an additional 1,191 shares during the last quarter. Milestone Investment Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF by 99.4% in the first quarter. Milestone Investment Advisors LLC now owns 1,811 shares of the company’s stock valued at $36,000 after buying an additional 903 shares during the period. Finally, Ridgewood Investments LLC purchased a new position in shares of Global X U.S. Preferred ETF during the 1st quarter valued at $48,000.

Global X U.S. Preferred ETF Trading Up 0.7 %

PFFD traded up $0.13 during trading hours on Monday, hitting $19.15. The stock had a trading volume of 196,067 shares, compared to its average volume of 640,201. Global X U.S. Preferred ETF has a 1 year low of $18.41 and a 1 year high of $21.97. The company’s fifty day simple moving average is $19.14 and its 200 day simple moving average is $19.26.

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.