Vestmark Advisory Solutions Inc. Sells 49,141 Shares of Global X U.S. Preferred ETF $PFFD

Vestmark Advisory Solutions Inc. decreased its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 41.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 69,525 shares of the company’s stock after selling 49,141 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Global X U.S. Preferred ETF were worth $1,351,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PFFD. Smartleaf Asset Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter valued at $102,000. Geneos Wealth Management Inc. grew its stake in shares of Global X U.S. Preferred ETF by 117.0% during the second quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock worth $104,000 after purchasing an additional 2,974 shares during the period. Evolution Wealth Management Inc. bought a new stake in Global X U.S. Preferred ETF in the second quarter valued at about $129,000. Qube Research & Technologies Ltd lifted its stake in Global X U.S. Preferred ETF by 40.5% in the second 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 during the period. Finally, Cerity Partners LLC acquired a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter worth about $193,000.

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

Shares of NYSEARCA:PFFD opened at $19.42 on Thursday. The firm’s 50 day simple moving average is $19.31 and its 200 day simple moving average is $19.29. Global X U.S. Preferred ETF has a fifty-two week low of $17.81 and a fifty-two week high of $19.91.

Global X U.S. Preferred ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Monday, February 2nd.

About Global X U.S. Preferred ETF

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.