Global X U.S. Preferred ETF $PFFD Shares Sold by KWB Wealth

KWB Wealth decreased its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 96.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,864 shares of the company’s stock after selling 370,269 shares during the quarter. KWB Wealth’s holdings in Global X U.S. Preferred ETF were worth $264,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in PFFD. Simplex Trading LLC lifted its position in Global X U.S. Preferred ETF by 226.6% during the first quarter. Simplex Trading LLC now owns 2,361 shares of the company’s stock worth $44,000 after buying an additional 1,638 shares during the period. Anderson Financial Strategies LLC acquired a new position in Global X U.S. Preferred ETF in the first quarter valued at $46,000. Fortitude Family Office LLC purchased a new stake in Global X U.S. Preferred ETF during the second quarter valued at about $67,000. Howe & Rusling Inc. increased its stake in Global X U.S. Preferred ETF by 44.2% during the first quarter. Howe & Rusling Inc. now owns 7,508 shares of the company’s stock worth $143,000 after acquiring an additional 2,303 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Global X U.S. Preferred ETF by 13,462.5% in the 1st quarter. Farther Finance Advisors LLC now owns 7,595 shares of the company’s stock worth $144,000 after purchasing an additional 7,539 shares during the period.

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

Shares of NYSEARCA:PFFD opened at $19.56 on Friday. The stock has a 50-day simple moving average of $19.38 and a 200-day simple moving average of $19.00. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $21.08.

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.