CENTRAL TRUST Co grew its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 64.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,920 shares of the company’s stock after purchasing an additional 8,620 shares during the quarter. CENTRAL TRUST Co’s holdings in Global X U.S. Preferred ETF were worth $428,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in PFFD. Heck Capital Advisors LLC bought a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at about $48,000. Fifth Third Securities Inc. lifted its stake in shares of Global X U.S. Preferred ETF by 57.8% in the fourth quarter. Fifth Third Securities Inc. now owns 144,965 shares of the company’s stock valued at $2,828,000 after buying an additional 53,089 shares during the period. Crews Bank & Trust bought a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at about $2,381,000. SteelPeak Wealth LLC bought a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at about $321,000. Finally, David Kennon Inc lifted its stake in Global X U.S. Preferred ETF by 2.2% during the fourth quarter. David Kennon Inc now owns 393,047 shares of the company’s stock worth $7,668,000 after purchasing an additional 8,339 shares during the period.
Global X U.S. Preferred ETF Stock Performance
Shares of PFFD opened at $19.62 on Wednesday. Global X U.S. Preferred ETF has a 12 month low of $19.06 and a 12 month high of $21.08. The company has a 50-day moving average price of $19.87 and a two-hundred day moving average price of $20.20.
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.
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