Columbus Macro LLC Has $14.21 Million Stake in Global X U.S. Preferred ETF $PFFD

Columbus Macro LLC lifted its position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 179.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 751,499 shares of the company’s stock after purchasing an additional 482,345 shares during the period. Global X U.S. Preferred ETF accounts for about 1.6% of Columbus Macro LLC’s investment portfolio, making the stock its 7th biggest position. Columbus Macro LLC’s holdings in Global X U.S. Preferred ETF were worth $14,211,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC bought a new stake in Global X U.S. Preferred ETF during the 2nd quarter valued at $102,000. Geneos Wealth Management Inc. lifted its holdings in shares of Global X U.S. Preferred ETF by 117.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock worth $104,000 after buying an additional 2,974 shares during the period. Evolution Wealth Management Inc. bought a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter worth $129,000. Qube Research & Technologies Ltd grew its position in shares of Global X U.S. Preferred ETF by 40.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock worth $158,000 after buying an additional 2,415 shares in the last quarter. Finally, Cerity Partners LLC purchased a new position in shares of Global X U.S. Preferred ETF during the second quarter valued at $193,000.

Global X U.S. Preferred ETF Stock Performance

PFFD stock opened at $18.31 on Monday. The business has a 50-day moving average price of $19.12 and a 200 day moving average price of $19.19. Global X U.S. Preferred ETF has a 1-year low of $17.81 and a 1-year high of $19.89.

Global X U.S. Preferred ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.6%.

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.