Global X U.S. Preferred ETF $PFFD Stock: WealthPlan Investment Management LLC Reduces Stake

WealthPlan Investment Management LLC lessened its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 87.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,848 shares of the company’s stock after selling 76,520 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Global X U.S. Preferred ETF were worth $191,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Orgel Wealth Management LLC boosted its holdings in Global X U.S. Preferred ETF by 1.5% in the third quarter. Orgel Wealth Management LLC now owns 6,927,424 shares of the company’s stock valued at $121,923,000 after acquiring an additional 101,232 shares during the last quarter. Triumph Capital Management increased its position in Global X U.S. Preferred ETF by 1.5% in the third quarter. Triumph Capital Management now owns 51,541 shares of the company’s stock worth $907,000 after purchasing an additional 758 shares during the period. First Citizens Bank & Trust Co. bought a new stake in Global X U.S. Preferred ETF during the 3rd quarter worth about $584,000. RHS Financial LLC bought a new stake in Global X U.S. Preferred ETF during the 3rd quarter worth about $221,000. Finally, Avior Wealth Management LLC bought a new stake in Global X U.S. Preferred ETF during the 3rd quarter worth about $509,000.

Global X U.S. Preferred ETF Stock Performance

Global X U.S. Preferred ETF stock opened at $17.19 on Friday. Global X U.S. Preferred ETF has a 1 year low of $17.17 and a 1 year high of $19.65. The company’s 50-day moving average is $18.03 and its two-hundred day moving average is $18.50.

About Global X U.S. Preferred ETF

(Free Report)

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.

Further Reading

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).

Institutional Ownership by Quarter for Global X U.S. Preferred ETF (NYSEARCA:PFFD)

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