Global X U.S. Preferred ETF $PFFD Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. boosted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 718.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,600 shares of the company’s stock after purchasing an additional 4,916 shares during the period. Harbour Investments Inc.’s holdings in Global X U.S. Preferred ETF were worth $105,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PFFD. Orgel Wealth Management LLC purchased a new position in Global X U.S. Preferred ETF during the second quarter worth about $131,115,000. Global X Japan Co. Ltd. raised its stake in Global X U.S. Preferred ETF by 11.6% during the second quarter. Global X Japan Co. Ltd. now owns 3,540,531 shares of the company’s stock worth $66,668,000 after purchasing an additional 367,420 shares during the period. Cetera Investment Advisers raised its stake in Global X U.S. Preferred ETF by 30.8% during the first quarter. Cetera Investment Advisers now owns 953,135 shares of the company’s stock worth $18,148,000 after purchasing an additional 224,650 shares during the period. AlphaCore Capital LLC purchased a new position in Global X U.S. Preferred ETF during the first quarter worth about $2,960,000. Finally, Envestnet Asset Management Inc. raised its stake in Global X U.S. Preferred ETF by 11.1% during the first quarter. Envestnet Asset Management Inc. now owns 1,433,222 shares of the company’s stock worth $27,289,000 after purchasing an additional 143,263 shares during the period.

Global X U.S. Preferred ETF Stock Down 0.1%

Shares of PFFD stock opened at $19.39 on Friday. The firm’s 50-day moving average is $19.49 and its two-hundred day moving average is $19.03. Global X U.S. Preferred ETF has a 12 month low of $17.81 and a 12 month high of $20.80.

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.