Bank of America Corp DE raised its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Rating) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,844,412 shares of the company’s stock after buying an additional 155,176 shares during the period. Bank of America Corp DE’s holdings in Global X U.S. Preferred ETF were worth $55,096,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in PFFD. CoreCap Advisors LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at about $25,000. TCI Wealth Advisors Inc. bought a new position in Global X U.S. Preferred ETF during the fourth quarter worth $28,000. Simplex Trading LLC raised its position in Global X U.S. Preferred ETF by 84.8% in the third quarter. Simplex Trading LLC now owns 1,988 shares of the company’s stock worth $40,000 after purchasing an additional 912 shares in the last quarter. US Bancorp DE acquired a new stake in Global X U.S. Preferred ETF during the first quarter valued at approximately $73,000. Finally, MCF Advisors LLC bought a new stake in shares of Global X U.S. Preferred ETF in the 3rd quarter valued at approximately $75,000.
Global X U.S. Preferred ETF Stock Up 0.3 %
Shares of PFFD stock opened at $19.59 on Wednesday. The stock’s fifty day simple moving average is $19.10 and its 200 day simple moving average is $19.76. Global X U.S. Preferred ETF has a one year low of $18.41 and a one year high of $22.92.
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.
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