Global X U.S. Preferred ETF (NYSEARCA:PFFD) Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,571 shares of the company’s stock after acquiring an additional 1,122 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Global X U.S. Preferred ETF were worth $601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth about $31,000. Vermillion Wealth Management Inc. acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth about $48,000. Heck Capital Advisors LLC acquired a new position in shares of Global X U.S. Preferred ETF during the fourth quarter worth about $48,000. Aptus Capital Advisors LLC lifted its stake in shares of Global X U.S. Preferred ETF by 89.4% during the fourth quarter. Aptus Capital Advisors LLC now owns 2,962 shares of the company’s stock worth $58,000 after purchasing an additional 1,398 shares in the last quarter. Finally, Orion Capital Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter worth about $74,000.

Global X U.S. Preferred ETF Stock Up 0.6%

Shares of NYSEARCA PFFD opened at $18.87 on Friday. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $21.08. The stock’s 50-day simple moving average is $18.68 and its 200-day simple moving average is $19.20.

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.