Columbus Macro LLC Purchases 77,194 Shares of Global X U.S. Preferred ETF $PFFD

Columbus Macro LLC lifted its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 16.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 554,683 shares of the company’s stock after buying an additional 77,194 shares during the period. Global X U.S. Preferred ETF makes up approximately 1.3% of Columbus Macro LLC’s investment portfolio, making the stock its 15th biggest position. Columbus Macro LLC’s holdings in Global X U.S. Preferred ETF were worth $10,445,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Simplex Trading LLC lifted its stake in Global X U.S. Preferred ETF by 226.6% during the first quarter. Simplex Trading LLC now owns 2,361 shares of the company’s stock worth $44,000 after purchasing an additional 1,638 shares during the last quarter. Anderson Financial Strategies LLC bought a new stake in Global X U.S. Preferred ETF during the first quarter worth $46,000. Fortitude Family Office LLC bought a new stake in Global X U.S. Preferred ETF during the second quarter worth $67,000. Howe & Rusling Inc. lifted its stake in Global X U.S. Preferred ETF by 44.2% during the first quarter. Howe & Rusling Inc. now owns 7,508 shares of the company’s stock worth $143,000 after purchasing an additional 2,303 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Global X U.S. Preferred ETF by 13,462.5% during the first quarter. Farther Finance Advisors LLC now owns 7,595 shares of the company’s stock worth $144,000 after purchasing an additional 7,539 shares during the last quarter.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA PFFD opened at $19.54 on Thursday. The business has a fifty day moving average price of $19.45 and a two-hundred day moving average price of $19.00. Global X U.S. Preferred ETF has a fifty-two week low of $17.81 and a fifty-two week high of $20.99.

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.