Farther Finance Advisors LLC Grows Stake in Global X U.S. Preferred ETF $PFFD

Farther Finance Advisors LLC boosted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 179.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,195 shares of the company’s stock after purchasing an additional 13,600 shares during the quarter. Farther Finance Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. IFP Advisors Inc boosted its position in Global X U.S. Preferred ETF by 4.8% during the 1st quarter. IFP Advisors Inc now owns 17,226 shares of the company’s stock valued at $328,000 after acquiring an additional 785 shares in the last quarter. MSH Capital Advisors LLC boosted its position in Global X U.S. Preferred ETF by 3.7% during the 1st quarter. MSH Capital Advisors LLC now owns 26,358 shares of the company’s stock valued at $502,000 after acquiring an additional 945 shares in the last quarter. Principal Securities Inc. boosted its position in Global X U.S. Preferred ETF by 1.3% during the 1st quarter. Principal Securities Inc. now owns 76,861 shares of the company’s stock valued at $1,500,000 after acquiring an additional 965 shares in the last quarter. CENTRAL TRUST Co boosted its position in Global X U.S. Preferred ETF by 4.6% during the 1st quarter. CENTRAL TRUST Co now owns 22,920 shares of the company’s stock valued at $436,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Meridian Wealth Advisors LLC boosted its position in Global X U.S. Preferred ETF by 3.6% during the 1st quarter. Meridian Wealth Advisors LLC now owns 29,000 shares of the company’s stock valued at $552,000 after acquiring an additional 1,000 shares in the last quarter.

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

Shares of NYSEARCA PFFD opened at $19.56 on Monday. The stock’s fifty day simple moving average is $19.38 and its two-hundred day simple moving average is $18.99. Global X U.S. Preferred ETF has a 12-month low of $17.81 and a 12-month high of $21.08.

Global X U.S. Preferred ETF Company 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.