Eagle Strategies LLC Acquires 15,488 Shares of Global X U.S. Preferred ETF $PFFD

Eagle Strategies LLC increased its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 28.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,360 shares of the company’s stock after purchasing an additional 15,488 shares during the period. Eagle Strategies LLC owned approximately 0.06% of Global X U.S. Preferred ETF worth $1,325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PFFD. Orgel Wealth Management LLC acquired a new position in Global X U.S. Preferred ETF during the 2nd quarter worth $131,115,000. Global X Japan Co. Ltd. lifted its position in Global X U.S. Preferred ETF by 17.2% during the 1st quarter. Global X Japan Co. Ltd. now owns 3,173,111 shares of the company’s stock worth $60,416,000 after acquiring an additional 465,090 shares during the last quarter. Cetera Investment Advisers lifted its position in Global X U.S. Preferred ETF by 30.8% during the 1st quarter. Cetera Investment Advisers now owns 953,135 shares of the company’s stock worth $18,148,000 after acquiring an additional 224,650 shares during the last quarter. AlphaCore Capital LLC acquired a new position in Global X U.S. Preferred ETF during the 1st quarter worth $2,960,000. Finally, Envestnet Asset Management Inc. lifted its position in Global X U.S. Preferred ETF by 11.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,433,222 shares of the company’s stock worth $27,289,000 after acquiring an additional 143,263 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

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

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.