15,762 Shares in Global X U.S. Preferred ETF (NYSEARCA:PFFD) Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC acquired a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 15,762 shares of the company’s stock, valued at approximately $306,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning raised its position in Global X U.S. Preferred ETF by 65.1% in the 3rd quarter. Creative Planning now owns 802,871 shares of the company’s stock worth $15,102,000 after purchasing an additional 316,438 shares during the period. Appleton Partners Inc. MA increased its position in shares of Global X U.S. Preferred ETF by 2.3% during the fourth quarter. Appleton Partners Inc. MA now owns 196,636 shares of the company’s stock worth $3,815,000 after acquiring an additional 4,333 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Global X U.S. Preferred ETF by 7.7% during the third quarter. Envestnet Asset Management Inc. now owns 1,428,292 shares of the company’s stock worth $26,866,000 after acquiring an additional 102,134 shares during the period. Leicht Financial Planning & Wealth Management Inc. bought a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at approximately $3,560,000. Finally, Private Trust Co. NA boosted its stake in shares of Global X U.S. Preferred ETF by 28.6% during the fourth quarter. Private Trust Co. NA now owns 30,723 shares of the company’s stock valued at $596,000 after purchasing an additional 6,835 shares in the last quarter.

Global X U.S. Preferred ETF Trading Down 0.2 %

NYSEARCA PFFD opened at $19.15 on Wednesday. The firm’s 50 day moving average price is $20.02 and its 200-day moving average price is $19.32. Global X U.S. Preferred ETF has a 52-week low of $17.37 and a 52-week high of $20.43.

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.