Private Trust Co. NA Raises Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Private Trust Co. NA lifted its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 21.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,769 shares of the company’s stock after buying an additional 7,156 shares during the period. Private Trust Co. NA’s holdings in Global X U.S. Preferred ETF were worth $826,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Ridgewood Investments LLC bought a new position in shares of Global X U.S. Preferred ETF in the second quarter valued at approximately $25,000. Farther Finance Advisors LLC raised its stake in shares of Global X U.S. Preferred ETF by 3,623.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock worth $43,000 after purchasing an additional 2,029 shares during the period. Blue Trust Inc. raised its stake in shares of Global X U.S. Preferred ETF by 822.5% during 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 during the period. New Millennium Group LLC bought a new position in Global X U.S. Preferred ETF during the second quarter valued at about $51,000. Finally, First Horizon Advisors Inc. increased its holdings in Global X U.S. Preferred ETF by 32.0% during the second quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock worth $53,000 after buying an additional 650 shares during the last quarter.

Global X U.S. Preferred ETF Stock Down 0.6 %

Shares of PFFD stock opened at $20.34 on Wednesday. Global X U.S. Preferred ETF has a 52 week low of $18.72 and a 52 week high of $21.08. The firm’s 50-day simple moving average is $20.66 and its two-hundred day simple moving average is $20.13.

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.