Global X U.S. Preferred ETF (NYSEARCA:PFFD) Short Interest Update

Global X U.S. Preferred ETF (NYSEARCA:PFFDGet Free Report) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 500,532 shares, a decline of 17.9% from the February 26th total of 609,860 shares. Based on an average daily volume of 611,498 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PFFD. Rockefeller Capital Management L.P. lifted its holdings in Global X U.S. Preferred ETF by 37.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 61,069 shares of the company’s stock valued at $1,155,000 after acquiring an additional 16,740 shares during the last quarter. World Investment Advisors acquired a new position in shares of Global X U.S. Preferred ETF in the 4th quarter worth approximately $470,000. AG Campbell Advisory LLC bought a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter worth approximately $50,000. SHP Wealth Management acquired a new stake in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $94,000. Finally, WMS Group LLC acquired a new stake in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $189,000.

Global X U.S. Preferred ETF Stock Up 0.9%

Shares of NYSEARCA PFFD opened at $18.40 on Wednesday. The stock has a fifty day moving average price of $19.08 and a two-hundred day moving average price of $19.17. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $19.89.

Global X U.S. Preferred ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.10 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.5%.

Global X U.S. Preferred ETF Company Profile

(Get Free Report)

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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