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Mutual Advisors LLC Trims Holdings in Global X U.S. Preferred ETF (BATS:PFFD)

Defense World ·  Mar 24, 2023 17:34

Mutual Advisors LLC cut its position in shares of Global X U.S. Preferred ETF (BATS:PFFD – Get Rating) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,735 shares of the company's stock after selling 1,739 shares during the quarter. Mutual Advisors LLC's holdings in Global X U.S. Preferred ETF were worth $1,002,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PFFD. Simplex Trading LLC lifted its stake in Global X U.S. Preferred ETF by 84.8% during 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 during the last quarter. Fifth Third Bancorp bought a new position in Global X U.S. Preferred ETF during the third quarter worth $42,000. CoreCap Advisors LLC bought a new position in Global X U.S. Preferred ETF during the second quarter worth $68,000. US Bancorp DE bought a new position in Global X U.S. Preferred ETF during the first quarter worth $73,000. Finally, MCF Advisors LLC bought a new position in Global X U.S. Preferred ETF during the third quarter worth $75,000.

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Global X U.S. Preferred ETF Stock Performance

Shares of PFFD opened at $19.06 on Friday. The business's fifty day moving average price is $20.75 and its 200 day moving average price is $20.38. Global X U.S. Preferred ETF has a 12-month low of $23.70 and a 12-month high of $25.77.

About Global X U.S. Preferred ETF

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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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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 (BATS:PFFD – Get Rating).

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