MSH Capital Advisors LLC Takes Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

MSH Capital Advisors LLC bought a new stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 25,413 shares of the company’s stock, valued at approximately $496,000.

A number of other hedge funds have also recently bought and sold shares of PFFD. Trilogy Capital Inc. raised its stake in shares of Global X U.S. Preferred ETF by 2.8% in the fourth quarter. Trilogy Capital Inc. now owns 18,109 shares of the company’s stock valued at $353,000 after purchasing an additional 501 shares in the last quarter. Corient Private Wealth LLC boosted its position in shares of Global X U.S. Preferred ETF by 2.2% during the 4th quarter. Corient Private Wealth LLC now owns 28,689 shares of the company’s stock valued at $560,000 after acquiring an additional 624 shares in the last quarter. Scotia Capital Inc. increased its stake in Global X U.S. Preferred ETF by 6.2% in the fourth quarter. Scotia Capital Inc. now owns 12,590 shares of the company’s stock valued at $246,000 after acquiring an additional 730 shares during the period. Freestone Capital Holdings LLC raised its position in Global X U.S. Preferred ETF by 7.7% in the fourth quarter. Freestone Capital Holdings LLC now owns 11,634 shares of the company’s stock worth $227,000 after purchasing an additional 833 shares in the last quarter. Finally, Financial Advocates Investment Management lifted its stake in Global X U.S. Preferred ETF by 4.3% during the fourth quarter. Financial Advocates Investment Management now owns 22,812 shares of the company’s stock worth $445,000 after purchasing an additional 938 shares during the period.

Global X U.S. Preferred ETF Trading Up 0.2 %

PFFD stock opened at $18.24 on Thursday. Global X U.S. Preferred ETF has a 1-year low of $17.81 and a 1-year high of $21.08. The business’s 50 day moving average is $19.23 and its 200-day moving average is $19.85.

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.