Family Asset Management LLC Takes $148,000 Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Family Asset Management LLC acquired a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,627 shares of the company’s stock, valued at approximately $148,000.

Several other large investors have also bought and sold shares of the business. Creative Planning increased its holdings in Global X U.S. Preferred ETF by 65.1% in the 3rd quarter. Creative Planning now owns 802,871 shares of the company’s stock worth $15,102,000 after purchasing an additional 316,438 shares in the last quarter. Appleton Partners Inc. MA raised its holdings in Global X U.S. Preferred ETF by 2.3% in the 4th quarter. Appleton Partners Inc. MA now owns 196,636 shares of the company’s stock valued at $3,815,000 after buying an additional 4,333 shares during the last quarter. Private Trust Co. NA boosted its position in Global X U.S. Preferred ETF by 28.6% during the 4th quarter. Private Trust Co. NA now owns 30,723 shares of the company’s stock worth $596,000 after buying an additional 6,835 shares during the period. Leicht Financial Planning & Wealth Management Inc. bought a new stake in Global X U.S. Preferred ETF during the 4th quarter worth approximately $3,560,000. Finally, Envestnet Asset Management Inc. increased its position in Global X U.S. Preferred ETF by 7.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,428,292 shares of the company’s stock valued at $26,866,000 after acquiring an additional 102,134 shares during the period.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD stock traded down $0.03 during trading hours on Wednesday, hitting $19.63. 230,254 shares of the company’s stock traded hands, compared to its average volume of 747,579. Global X U.S. Preferred ETF has a 12 month low of $17.37 and a 12 month high of $20.43. The stock’s 50 day simple moving average is $19.86 and its 200 day simple moving average is $19.48.

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.