HighTower Advisors LLC Has $4.75 Million Stake in Global X U.S. Preferred ETF $PFFD

HighTower Advisors LLC decreased its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 18.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 251,045 shares of the company’s stock after selling 57,745 shares during the period. HighTower Advisors LLC owned about 0.22% of Global X U.S. Preferred ETF worth $4,747,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in PFFD. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at about $30,455,000. Flaharty Asset Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at about $20,982,000. FUKOKU MUTUAL LIFE INSURANCE Co lifted its holdings in shares of Global X U.S. Preferred ETF by 68.8% during the 3rd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,551,000 shares of the company’s stock valued at $30,136,000 after buying an additional 632,000 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Global X U.S. Preferred ETF by 422.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 735,060 shares of the company’s stock valued at $14,282,000 after buying an additional 594,391 shares during the last quarter. Finally, Columbus Macro LLC lifted its holdings in shares of Global X U.S. Preferred ETF by 179.2% during the 4th quarter. Columbus Macro LLC now owns 751,499 shares of the company’s stock valued at $14,211,000 after buying an additional 482,345 shares during the last quarter.

Global X U.S. Preferred ETF Trading Up 0.3%

Shares of Global X U.S. Preferred ETF stock opened at $19.00 on Friday. Global X U.S. Preferred ETF has a 52-week low of $18.22 and a 52-week high of $19.89. The stock has a 50-day simple moving average of $18.79 and a 200-day simple moving average of $19.01.

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.