Global X U.S. Preferred ETF $PFFD Shares Acquired by Naples Global Advisors LLC

Naples Global Advisors LLC lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 6.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 458,365 shares of the company’s stock after acquiring an additional 29,518 shares during the quarter. Global X U.S. Preferred ETF makes up about 0.7% of Naples Global Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Naples Global Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $8,631,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Orgel Wealth Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter valued at approximately $131,115,000. Global X Japan Co. Ltd. increased its position in Global X U.S. Preferred ETF by 11.6% in the second quarter. Global X Japan Co. Ltd. now owns 3,540,531 shares of the company’s stock worth $66,668,000 after buying an additional 367,420 shares during the period. Envestnet Asset Management Inc. increased its position in Global X U.S. Preferred ETF by 11.1% in the first quarter. Envestnet Asset Management Inc. now owns 1,433,222 shares of the company’s stock worth $27,289,000 after buying an additional 143,263 shares during the period. Full Sail Capital LLC increased its position in Global X U.S. Preferred ETF by 4.3% in the first quarter. Full Sail Capital LLC now owns 1,426,866 shares of the company’s stock worth $27,168,000 after buying an additional 58,695 shares during the period. Finally, CWM LLC increased its position in Global X U.S. Preferred ETF by 2.0% in the first quarter. CWM LLC now owns 1,326,042 shares of the company’s stock worth $25,248,000 after buying an additional 25,961 shares during the period.

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

Shares of NYSEARCA PFFD opened at $19.55 on Thursday. Global X U.S. Preferred ETF has a 1-year low of $17.81 and a 1-year high of $20.99. The business’s fifty day moving average price is $19.41 and its two-hundred day moving average price is $19.00.

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.