Millington Financial Advisors LLC Grows Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Millington Financial Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report) by 6.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 16,426 shares of the company’s stock after purchasing an additional 955 shares during the period. Millington Financial Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $309,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in PFFD. Morgan Stanley increased its stake in Global X U.S. Preferred ETF by 42.4% during the fourth quarter. Morgan Stanley now owns 3,240,583 shares of the company’s stock worth $62,770,000 after acquiring an additional 964,143 shares during the last quarter. Jane Street Group LLC purchased a new position in Global X U.S. Preferred ETF in the 3rd quarter worth $9,346,000. Raymond James Financial Services Advisors Inc. grew its position in Global X U.S. Preferred ETF by 475.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 450,904 shares of the company’s stock worth $8,743,000 after purchasing an additional 372,604 shares during the period. Cetera Investment Advisers increased its stake in shares of Global X U.S. Preferred ETF by 494.7% in the 4th quarter. Cetera Investment Advisers now owns 293,446 shares of the company’s stock valued at $5,684,000 after purchasing an additional 244,102 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of Global X U.S. Preferred ETF by 4.2% in the 2nd quarter. Wells Fargo & Company MN now owns 6,051,688 shares of the company’s stock valued at $117,342,000 after purchasing an additional 242,883 shares in the last quarter.

Global X U.S. Preferred ETF Trading Up 0.3 %

NYSEARCA:PFFD opened at $19.86 on Thursday. Global X U.S. Preferred ETF has a 12 month low of $17.37 and a 12 month high of $21.43. The stock has a 50 day moving average of $19.57 and a two-hundred day moving average of $19.00.

About Global X U.S. Preferred ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Global X U.S. Preferred ETF (NYSEARCA:PFFD)

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