Global X Japan Co. Ltd. Acquires 8,523 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Global X Japan Co. Ltd. lifted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 0.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,708,021 shares of the company’s stock after buying an additional 8,523 shares during the quarter. Global X U.S. Preferred ETF comprises approximately 6.6% of Global X Japan Co. Ltd.’s portfolio, making the stock its 3rd largest holding. Global X Japan Co. Ltd.’s holdings in Global X U.S. Preferred ETF were worth $52,833,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its position in shares of Global X U.S. Preferred ETF by 3,623.2% during the third 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 in the last quarter. Heck Capital Advisors LLC acquired a new position in Global X U.S. Preferred ETF in the 4th quarter worth $48,000. Blue Trust Inc. boosted its position 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 valued at $49,000 after buying an additional 2,229 shares during the last quarter. Endeavor Private Wealth Inc. acquired a new stake in shares of Global X U.S. Preferred ETF during the fourth quarter valued at about $91,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of Global X U.S. Preferred ETF by 26.7% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 6,017 shares of the company’s stock valued at $117,000 after acquiring an additional 1,269 shares in the last quarter.

Global X U.S. Preferred ETF Price Performance

Shares of PFFD opened at $19.73 on Friday. Global X U.S. Preferred ETF has a one year low of $19.06 and a one year high of $21.08. The stock has a 50-day moving average price of $19.84 and a 200 day moving average price of $20.19.

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.