Webster Bank N. A. Purchases 28,990 Shares of Global X U.S. Preferred ETF $PFFD

Webster Bank N. A. lifted its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3,294.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,870 shares of the company’s stock after purchasing an additional 28,990 shares during the period. Webster Bank N. A.’s holdings in Global X U.S. Preferred ETF were worth $550,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its stake in Global X U.S. Preferred ETF by 1,157.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 153,598 shares of the company’s stock valued at $2,925,000 after buying an additional 141,386 shares during the last quarter. Cerity Partners LLC purchased a new position in shares of Global X U.S. Preferred ETF in the 2nd quarter worth approximately $193,000. Qube Research & Technologies Ltd boosted its stake in shares of Global X U.S. Preferred ETF by 40.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock worth $158,000 after buying an additional 2,415 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Global X U.S. Preferred ETF by 9.3% in the 2nd quarter. NewEdge Advisors LLC now owns 90,238 shares of the company’s stock worth $1,699,000 after buying an additional 7,671 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Global X U.S. Preferred ETF by 31.7% in the second quarter. Sei Investments Co. now owns 764,477 shares of the company’s stock valued at $14,395,000 after acquiring an additional 183,876 shares in the last quarter.

Global X U.S. Preferred ETF Stock Down 0.8%

Shares of PFFD opened at $18.74 on Tuesday. The stock has a 50 day moving average of $18.91 and a 200 day moving average of $19.01. Global X U.S. Preferred ETF has a 12 month low of $18.22 and a 12 month high of $19.89.

Global X U.S. Preferred ETF Company Profile

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.