FLC Capital Advisors Boosts Stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

FLC Capital Advisors lifted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 36.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,131 shares of the company’s stock after buying an additional 13,171 shares during the period. FLC Capital Advisors’ holdings in Global X U.S. Preferred ETF were worth $959,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC increased its holdings in Global X U.S. Preferred ETF by 15.4% during the third quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock worth $148,361,000 after buying an additional 950,535 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Global X U.S. Preferred ETF by 23.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock valued at $28,608,000 after acquiring an additional 274,237 shares during the last quarter. Global X Japan Co. Ltd. grew its position in shares of Global X U.S. Preferred ETF by 11.2% during the 3rd quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock valued at $56,096,000 after acquiring an additional 271,468 shares during the period. Orgel Wealth Management LLC increased its stake in shares of Global X U.S. Preferred ETF by 9.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock worth $46,407,000 after purchasing an additional 195,514 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Global X U.S. Preferred ETF by 30.2% in the second quarter. Cetera Investment Advisers now owns 559,222 shares of the company’s stock valued at $11,005,000 after purchasing an additional 129,798 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA PFFD opened at $19.81 on Monday. The stock has a fifty day simple moving average of $19.98 and a two-hundred day simple moving average of $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.