Carnegie Investment Counsel Invests $7.46 Million in Global X U.S. Preferred ETF $PFFD

Carnegie Investment Counsel purchased a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 394,708 shares of the company’s stock, valued at approximately $7,464,000. Carnegie Investment Counsel owned approximately 0.34% of Global X U.S. Preferred ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Smartleaf Asset Management LLC acquired a new position in Global X U.S. Preferred ETF during the 2nd quarter valued at about $102,000. Geneos Wealth Management Inc. increased its position in Global X U.S. Preferred ETF by 117.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock valued at $104,000 after buying an additional 2,974 shares in the last quarter. Evolution Wealth Management Inc. acquired a new position in Global X U.S. Preferred ETF during the 2nd quarter valued at about $129,000. Qube Research & Technologies Ltd increased its position in Global X U.S. Preferred ETF by 40.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock valued at $158,000 after buying an additional 2,415 shares in the last quarter. Finally, Cerity Partners LLC acquired a new position in Global X U.S. Preferred ETF during the 2nd quarter valued at about $193,000.

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

Shares of NYSEARCA:PFFD opened at $18.73 on Friday. The business’s 50-day moving average is $18.92 and its 200 day moving average is $19.11. Global X U.S. Preferred ETF has a 1 year low of $17.90 and a 1 year high of $19.89.

Global X U.S. Preferred ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.10 per share. This represents a c) annualized dividend and a yield of 6.4%. 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.