Fifth Third Securities Inc. Purchases 53,089 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Fifth Third Securities Inc. raised its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 57.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,965 shares of the company’s stock after acquiring an additional 53,089 shares during the quarter. Fifth Third Securities Inc. owned approximately 0.12% of Global X U.S. Preferred ETF worth $2,828,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of PFFD. Farther Finance Advisors LLC grew its stake in Global X U.S. Preferred ETF by 3,623.2% during the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after acquiring an additional 2,029 shares in the last quarter. Blue Trust Inc. grew its position in shares of Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after purchasing an additional 2,229 shares in the last quarter. Endeavor Private Wealth Inc. bought a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter worth about $91,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Global X U.S. Preferred ETF in the third quarter worth about $131,000. Finally, Jacobsen Capital Management bought a new position in Global X U.S. Preferred ETF during the third quarter valued at approximately $203,000.

Global X U.S. Preferred ETF Stock Up 0.6 %

Shares of PFFD opened at $19.99 on Friday. The business’s 50 day simple moving average is $19.91 and its 200-day simple moving average is $20.20. Global X U.S. Preferred ETF has a 1 year low of $19.06 and a 1 year 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.