Global X U.S. Preferred ETF $PFFD Stock Purchased by Prairiewood Capital LLC

Prairiewood Capital LLC raised its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 9.4% in the third quarter, Holdings Channel reports. The fund owned 434,814 shares of the company’s stock after buying an additional 37,204 shares during the period. Global X U.S. Preferred ETF makes up approximately 1.9% of Prairiewood Capital LLC’s portfolio, making the stock its 15th biggest holding. Prairiewood Capital LLC’s holdings in Global X U.S. Preferred ETF were worth $7,653,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bessemer Group Inc. acquired a new position in Global X U.S. Preferred ETF during the 1st quarter worth approximately $18,434,000. Ocean Park Asset Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at $11,312,000. Envestnet Asset Management Inc. lifted its position in shares of Global X U.S. Preferred ETF by 12.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,522,498 shares of the company’s stock worth $47,145,000 after purchasing an additional 272,858 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Global X U.S. Preferred ETF by 17.1% during the 1st quarter. Cetera Investment Advisers now owns 1,254,426 shares of the company’s stock worth $23,081,000 after purchasing an additional 182,979 shares during the last quarter. Finally, Columbus Macro LLC lifted its position in shares of Global X U.S. Preferred ETF by 22.3% during the 1st quarter. Columbus Macro LLC now owns 919,406 shares of the company’s stock worth $16,917,000 after purchasing an additional 167,907 shares during the last quarter.

Global X U.S. Preferred ETF Stock Performance

Shares of PFFD stock traded down $0.23 on Friday, reaching $17.19. 10,406,094 shares of the stock were exchanged, compared to its average volume of 778,903. The business’s 50 day moving average price is $18.03 and its 200 day moving average price is $18.50. Global X U.S. Preferred ETF has a twelve month low of $17.17 and a twelve month high of $19.65.

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.