Advisors Management Group Inc. ADV Has $20.90 Million Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Advisors Management Group Inc. ADV lifted its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 2.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,005,790 shares of the company’s stock after buying an additional 20,268 shares during the quarter. Global X U.S. Preferred ETF makes up about 4.9% of Advisors Management Group Inc. ADV’s portfolio, making the stock its biggest position. Advisors Management Group Inc. ADV owned 0.84% of Global X U.S. Preferred ETF worth $20,900,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of PFFD. Ridgewood Investments LLC bought a new position in Global X U.S. Preferred ETF in the second quarter worth approximately $25,000. Farther Finance Advisors LLC increased its position in shares of Global X U.S. Preferred ETF by 3,623.2% in the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after buying an additional 2,029 shares in the last quarter. Blue Trust Inc. grew its position in shares of Global X U.S. Preferred ETF by 822.5% in the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after purchasing an additional 2,229 shares during the period. New Millennium Group LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the second quarter worth approximately $51,000. Finally, First Horizon Advisors Inc. lifted its stake in shares of Global X U.S. Preferred ETF by 32.0% in the second quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock worth $53,000 after buying an additional 650 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

PFFD stock opened at $20.45 on Thursday. Global X U.S. Preferred ETF has a 1 year low of $18.29 and a 1 year high of $21.08. The business has a 50 day simple moving average of $20.66 and a 200-day simple moving average of $20.05.

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.