Traub Capital Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 109,627 shares of the company’s stock, valued at approximately $2,064,000. Global X U.S. Preferred ETF comprises about 1.9% of Traub Capital Management LLC’s investment portfolio, making the stock its 10th biggest position.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Simplex Trading LLC raised its position in shares of Global X U.S. Preferred ETF by 226.6% in the first quarter. Simplex Trading LLC now owns 2,361 shares of the company’s stock valued at $44,000 after buying an additional 1,638 shares in the last quarter. Anderson Financial Strategies LLC bought a new position in Global X U.S. Preferred ETF in the 1st quarter valued at approximately $46,000. Blair William & Co. IL lifted its holdings in Global X U.S. Preferred ETF by 3,442.9% during the 2nd quarter. Blair William & Co. IL now owns 2,728 shares of the company’s stock worth $51,000 after buying an additional 2,651 shares during the period. Fortitude Family Office LLC bought a new stake in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at $67,000. Finally, Harbour Investments Inc. boosted its position in shares of Global X U.S. Preferred ETF by 718.7% during the 2nd quarter. Harbour Investments Inc. now owns 5,600 shares of the company’s stock valued at $105,000 after purchasing an additional 4,916 shares in the last quarter.
Global X U.S. Preferred ETF Stock Down 0.3%
PFFD opened at $18.74 on Wednesday. Global X U.S. Preferred ETF has a 1-year low of $17.81 and a 1-year high of $20.57. The company has a fifty day moving average price of $19.39 and a two-hundred day moving average price of $19.13.
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.
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