TrueWealth Advisors LLC Sells 3,583 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

TrueWealth Advisors LLC cut its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 44,005 shares of the company’s stock after selling 3,583 shares during the period. TrueWealth Advisors LLC’s holdings in Global X U.S. Preferred ETF were worth $859,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in Global X U.S. Preferred ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock worth $23,223,000 after acquiring an additional 128,462 shares during the period. Sei Investments Co. grew its position in Global X U.S. Preferred ETF by 19.0% during the second quarter. Sei Investments Co. now owns 361,762 shares of the company’s stock worth $7,120,000 after buying an additional 57,694 shares in the last quarter. Trinity Legacy Partners LLC increased its stake in Global X U.S. Preferred ETF by 2.2% during the second quarter. Trinity Legacy Partners LLC now owns 363,637 shares of the company’s stock valued at $7,156,000 after acquiring an additional 7,849 shares during the period. Rockport Wealth LLC raised its holdings in Global X U.S. Preferred ETF by 1.6% in the 2nd quarter. Rockport Wealth LLC now owns 53,835 shares of the company’s stock valued at $1,059,000 after acquiring an additional 834 shares in the last quarter. Finally, Full Sail Capital LLC increased its position in shares of Global X U.S. Preferred ETF by 7.9% during the second quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock valued at $20,857,000 after purchasing an additional 77,267 shares during the period.

Global X U.S. Preferred ETF Stock Up 0.5 %

NYSEARCA:PFFD opened at $19.81 on Friday. The company has a 50-day moving average of $19.98 and a 200-day moving average of $20.19. Global X U.S. Preferred ETF has a 52 week low of $19.06 and a 52 week high of $21.08.

Global X U.S. Preferred ETF 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.