Jacobsen Capital Management acquired a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 9,747 shares of the company’s stock, valued at approximately $203,000.
Several other institutional investors have also made changes to their positions in the company. LPL Financial LLC increased its position in shares of Global X U.S. Preferred ETF by 11.9% in the second quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock worth $121,801,000 after acquiring an additional 659,248 shares in the last quarter. Global X Japan Co. Ltd. grew its position in Global X U.S. Preferred ETF by 11.2% during the third quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock valued at $56,096,000 after purchasing an additional 271,468 shares in the last quarter. Orgel Wealth Management LLC grew its position in Global X U.S. Preferred ETF by 9.6% during the third quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock valued at $46,407,000 after purchasing an additional 195,514 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in Global X U.S. Preferred ETF by 13.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 1,192,082 shares of the company’s stock valued at $24,771,000 after purchasing an additional 140,769 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Global X U.S. Preferred ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock valued at $23,223,000 after purchasing an additional 128,462 shares in the last quarter.
Global X U.S. Preferred ETF Stock Down 0.1 %
Shares of PFFD opened at $20.49 on Wednesday. The company’s 50 day moving average price is $20.62 and its 200 day moving average price is $20.00. Global X U.S. Preferred ETF has a 52 week low of $17.58 and a 52 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.
See Also
- Five stocks we like better than Global X U.S. Preferred ETF
- Consumer Staples Stocks, Explained
- Oklo Stock: Nuclear Powerhouse or Radioactive Hype?
- Profitably Trade Stocks at 52-Week Highs
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- What is the Euro STOXX 50 Index?
- QuantumScape: Solid State EV Batteries Nearing Commercialization
Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.