Plan Group Financial LLC Boosts Stake in Global X U.S. Preferred ETF $PFFD

Plan Group Financial LLC raised its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 27.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,358 shares of the company’s stock after buying an additional 61,965 shares during the quarter. Global X U.S. Preferred ETF comprises 1.4% of Plan Group Financial LLC’s portfolio, making the stock its 19th biggest holding. Plan Group Financial LLC owned approximately 0.25% of Global X U.S. Preferred ETF worth $5,396,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Foundations Investment Advisors LLC grew its holdings in shares of Global X U.S. Preferred ETF by 4.4% in the third quarter. Foundations Investment Advisors LLC now owns 16,294 shares of the company’s stock valued at $317,000 after purchasing an additional 689 shares in the last quarter. Perissos Private Wealth Management LLC increased its holdings in shares of Global X U.S. Preferred ETF by 1.0% in the 3rd quarter. Perissos Private Wealth Management LLC now owns 72,944 shares of the company’s stock worth $1,417,000 after buying an additional 752 shares during the last quarter. David Kennon Inc raised its position in shares of Global X U.S. Preferred ETF by 0.5% during the 4th quarter. David Kennon Inc now owns 219,554 shares of the company’s stock valued at $4,152,000 after buying an additional 1,052 shares in the last quarter. Advisors Capital Management LLC raised its position in shares of Global X U.S. Preferred ETF by 1.6% during the 4th quarter. Advisors Capital Management LLC now owns 69,736 shares of the company’s stock valued at $1,319,000 after buying an additional 1,095 shares in the last quarter. Finally, Prepared Retirement Institute LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 1.2% in the 4th quarter. Prepared Retirement Institute LLC now owns 94,952 shares of the company’s stock valued at $1,796,000 after acquiring an additional 1,147 shares during the last quarter.

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

PFFD opened at $19.08 on Thursday. The stock has a 50-day moving average of $18.81 and a 200 day moving average of $19.05. Global X U.S. Preferred ETF has a 12 month low of $18.22 and a 12 month high of $19.89.

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.