Texas Yale Capital Corp. Grows Position in Global X U.S. Preferred ETF $PFFD

Texas Yale Capital Corp. raised its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 11.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 340,590 shares of the company’s stock after acquiring an additional 34,041 shares during the period. Texas Yale Capital Corp. owned approximately 0.29% of Global X U.S. Preferred ETF worth $6,441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter valued at about $50,000. Smartleaf Asset Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at about $102,000. Geneos Wealth Management Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 117.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock valued at $104,000 after acquiring an additional 2,974 shares in the last quarter. Harbour Investments Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 17.2% in the 4th quarter. Harbour Investments Inc. now owns 6,682 shares of the company’s stock valued at $126,000 after acquiring an additional 981 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Global X U.S. Preferred ETF by 40.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock valued at $158,000 after acquiring an additional 2,415 shares in the last quarter.

Global X U.S. Preferred ETF Stock Up 0.1%

NYSEARCA:PFFD opened at $19.02 on Friday. Global X U.S. Preferred ETF has a twelve month low of $18.22 and a twelve month high of $19.89. The business’s 50-day moving average price is $18.80 and its two-hundred day moving average price is $19.01.

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.