Bessemer Group Inc. purchased a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,001,871 shares of the company’s stock, valued at approximately $18,434,000. Bessemer Group Inc. owned about 0.88% of Global X U.S. Preferred ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in PFFD. Goldman Sachs Group Inc. increased its holdings in Global X U.S. Preferred ETF by 1,157.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 153,598 shares of the company’s stock valued at $2,925,000 after acquiring an additional 141,386 shares in the last quarter. Cerity Partners LLC purchased a new stake in shares of Global X U.S. Preferred ETF in the second quarter valued at about $193,000. Qube Research & Technologies Ltd lifted its holdings in shares of Global X U.S. Preferred ETF by 40.5% in the second quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock valued at $158,000 after purchasing an additional 2,415 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Global X U.S. Preferred ETF by 9.3% in the second quarter. NewEdge Advisors LLC now owns 90,238 shares of the company’s stock valued at $1,699,000 after purchasing an additional 7,671 shares during the last quarter. Finally, Sei Investments Co. grew its position in shares of Global X U.S. Preferred ETF by 31.7% in the second quarter. Sei Investments Co. now owns 764,477 shares of the company’s stock valued at $14,395,000 after purchasing an additional 183,876 shares during the last quarter.
Global X U.S. Preferred ETF Price Performance
Shares of PFFD opened at $18.59 on Friday. The firm has a 50 day simple moving average of $18.78 and a 200-day simple moving average of $18.96. Global X U.S. Preferred ETF has a 1-year low of $18.22 and a 1-year high of $19.89.
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.
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