Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Bought by Austin Wealth Management LLC

Austin Wealth Management LLC lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 8.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 27,564 shares of the company’s stock after acquiring an additional 2,129 shares during the period. Austin Wealth Management LLC’s holdings in Global X U.S. Preferred ETF were worth $573,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC increased its holdings in Global X U.S. Preferred ETF by 11.9% during the 2nd quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock valued at $121,801,000 after acquiring an additional 659,248 shares in the last quarter. Ocean Park Asset Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the second quarter valued at approximately $9,962,000. BNP Paribas Financial Markets increased its stake in shares of Global X U.S. Preferred ETF by 1,038.4% during the 1st quarter. BNP Paribas Financial Markets now owns 492,734 shares of the company’s stock worth $9,934,000 after purchasing an additional 449,450 shares in the last quarter. Global X Japan Co. Ltd. raised its holdings in shares of Global X U.S. Preferred ETF by 15.7% in the second quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock worth $47,784,000 after acquiring an additional 329,680 shares during the last quarter. Finally, Advisors Management Group Inc. ADV increased its position in Global X U.S. Preferred ETF by 41.2% during the 2nd quarter. Advisors Management Group Inc. ADV now owns 985,522 shares of the company’s stock worth $19,395,000 after purchasing an additional 287,689 shares in the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of Global X U.S. Preferred ETF stock traded down $0.01 during mid-day trading on Thursday, hitting $20.49. 27,642 shares of the stock were exchanged, compared to its average volume of 653,049. Global X U.S. Preferred ETF has a twelve month low of $17.68 and a twelve month high of $21.08. The company has a 50-day simple moving average of $20.63 and a 200 day simple moving average of $20.00.

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.