Columbus Macro LLC Has $14.21 Million Holdings in Global X U.S. Preferred ETF $PFFD

Columbus Macro LLC raised its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 179.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 751,499 shares of the company’s stock after buying an additional 482,345 shares during the period. Global X U.S. Preferred ETF comprises approximately 1.6% of Columbus Macro LLC’s investment portfolio, making the stock its 7th biggest position. Columbus Macro LLC owned 0.65% of Global X U.S. Preferred ETF worth $14,211,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of PFFD. Mercer Global Advisors Inc. ADV bought a new stake in shares of Global X U.S. Preferred ETF during the 3rd quarter worth approximately $30,455,000. Flaharty Asset Management LLC purchased a new stake in Global X U.S. Preferred ETF in the third quarter worth $20,982,000. FUKOKU MUTUAL LIFE INSURANCE Co increased its stake in Global X U.S. Preferred ETF by 68.8% in the third quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,551,000 shares of the company’s stock worth $30,136,000 after purchasing an additional 632,000 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Global X U.S. Preferred ETF by 422.5% during the third quarter. BNP Paribas Financial Markets now owns 735,060 shares of the company’s stock worth $14,282,000 after purchasing an additional 594,391 shares during the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the third quarter worth $10,883,000.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD opened at $18.31 on Monday. The firm has a fifty day moving average price of $19.12 and a 200-day moving average price of $19.19. Global X U.S. Preferred ETF has a 12-month low of $17.81 and a 12-month high of $19.89.

Global X U.S. Preferred ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.10 dividend. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.