SteelPeak Wealth LLC Invests $321,000 in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

SteelPeak Wealth LLC acquired a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,355 shares of the company’s stock, valued at approximately $321,000.

Several other large investors have also bought and sold shares of the business. Farther Finance Advisors LLC lifted its stake in shares of Global X U.S. Preferred ETF by 3,623.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after acquiring an additional 2,029 shares during the last quarter. Blue Trust Inc. increased its holdings in Global X U.S. Preferred ETF by 822.5% in the 3rd quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after purchasing an additional 2,229 shares in the last quarter. Endeavor Private Wealth Inc. bought a new position in Global X U.S. Preferred ETF in the fourth quarter valued at about $91,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Global X U.S. Preferred ETF during the third quarter valued at about $131,000. Finally, Jacobsen Capital Management bought a new stake in shares of Global X U.S. Preferred ETF during the third quarter worth about $203,000.

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

Shares of NYSEARCA PFFD opened at $19.99 on Friday. The company has a 50 day simple moving average of $19.91 and a 200 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.