Columbus Macro LLC increased its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 22.3% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 919,406 shares of the company’s stock after acquiring an additional 167,907 shares during the period. Global X U.S. Preferred ETF makes up about 1.8% of Columbus Macro LLC’s holdings, making the stock its 7th largest holding. Columbus Macro LLC owned approximately 0.82% of Global X U.S. Preferred ETF worth $16,917,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank of Montreal Can grew its holdings in shares of Global X U.S. Preferred ETF by 72.9% during the 4th quarter. Bank of Montreal Can now owns 1,937 shares of the company’s stock worth $37,000 after purchasing an additional 817 shares during the period. Birchwood Financial Partners Inc. acquired a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter worth about $40,000. International Assets Investment Management LLC purchased a new stake in Global X U.S. Preferred ETF in the 4th quarter valued at about $50,000. AG Campbell Advisory LLC purchased a new stake in Global X U.S. Preferred ETF in the 4th quarter valued at about $50,000. Finally, Abound Financial LLC purchased a new stake in Global X U.S. Preferred ETF in the 4th quarter valued at about $51,000.
Global X U.S. Preferred ETF Stock Down 0.2%
NYSEARCA PFFD opened at $18.65 on Friday. The firm’s 50-day moving average is $18.90 and its two-hundred day moving average is $19.00. Global X U.S. Preferred ETF has a 12 month low of $18.22 and a 12 month high of $19.89.
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.
Featured Articles
- Five stocks we like better than Global X U.S. Preferred ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report).
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
