SteelPeak Wealth LLC Buys New Shares in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

SteelPeak Wealth LLC purchased a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 16,355 shares of the company’s stock, valued at approximately $321,000.

Other hedge funds have also recently made changes to their positions in the company. Intrepid Financial Planning Group LLC lifted its position in shares of Global X U.S. Preferred ETF by 2.0% during the 3rd quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock valued at $628,000 after acquiring an additional 590 shares during the period. Centaurus Financial Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 4.1% during the third quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock valued at $496,000 after purchasing an additional 947 shares during the period. Lewis Asset Management LLC boosted its position in shares of Global X U.S. Preferred ETF by 8.1% during the 3rd quarter. Lewis Asset Management LLC now owns 15,678 shares of the company’s stock worth $326,000 after purchasing an additional 1,177 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of Global X U.S. Preferred ETF by 13.6% in the 3rd quarter. Avior Wealth Management LLC now owns 13,959 shares of the company’s stock valued at $290,000 after buying an additional 1,666 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Global X U.S. Preferred ETF by 4.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 42,041 shares of the company’s stock valued at $827,000 after buying an additional 1,735 shares in the last quarter.

Global X U.S. Preferred ETF Trading Up 0.6 %

Shares of NYSEARCA:PFFD opened at $19.99 on Friday. Global X U.S. Preferred ETF has a 52-week low of $19.06 and a 52-week high of $21.08. The business’s 50 day simple moving average is $19.91 and its two-hundred day simple moving average is $20.20.

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.