Bank of Nova Scotia Takes $9.21 Million Position in Global X U.S. Preferred ETF $PFFD

Bank of Nova Scotia bought a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 488,900 shares of the company’s stock, valued at approximately $9,206,000.

Several other hedge funds also recently bought and sold shares of PFFD. Rockefeller Capital Management L.P. raised its position in Global X U.S. Preferred ETF by 1.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 49,010 shares of the company’s stock valued at $923,000 after purchasing an additional 677 shares in the last quarter. Cary Street Partners Financial LLC raised its holdings in Global X U.S. Preferred ETF by 7.7% in the 2nd quarter. Cary Street Partners Financial LLC now owns 10,770 shares of the company’s stock valued at $203,000 after acquiring an additional 770 shares during the last quarter. MSH Capital Advisors LLC increased its position in shares of Global X U.S. Preferred ETF by 3.7% in the first quarter. MSH Capital Advisors LLC now owns 26,358 shares of the company’s stock worth $502,000 after acquiring an additional 945 shares in the last quarter. Sowell Financial Services LLC raised its stake in shares of Global X U.S. Preferred ETF by 7.5% during the second quarter. Sowell Financial Services LLC now owns 14,449 shares of the company’s stock valued at $272,000 after purchasing an additional 1,012 shares during the period. Finally, Triumph Capital Management grew its position in shares of Global X U.S. Preferred ETF by 3.9% in the 2nd quarter. Triumph Capital Management now owns 43,636 shares of the company’s stock worth $822,000 after acquiring an additional 1,637 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

PFFD opened at $19.07 on Thursday. The stock’s 50 day moving average price is $19.13 and its 200 day moving average price is $19.14. Global X U.S. Preferred ETF has a 12 month low of $17.81 and a 12 month high of $20.34.

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.