Sunbelt Securities Inc. Sells 656 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Sunbelt Securities Inc. lessened its holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,951 shares of the company’s stock after selling 656 shares during the period. Sunbelt Securities Inc.’s holdings in Global X U.S. Preferred ETF were worth $334,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ridgewood Investments LLC bought a new stake in Global X U.S. Preferred ETF in the second quarter worth $25,000. New Millennium Group LLC bought a new stake in Global X U.S. Preferred ETF in the second quarter worth $51,000. First Horizon Advisors Inc. increased its position in 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 purchasing an additional 650 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in Global X U.S. Preferred ETF during the first quarter valued at $149,000. Finally, Larson Financial Group LLC bought a new position in Global X U.S. Preferred ETF during the second quarter valued at $159,000.

Global X U.S. Preferred ETF Trading Up 0.1 %

PFFD stock opened at $20.90 on Thursday. Global X U.S. Preferred ETF has a twelve month low of $17.37 and a twelve month high of $21.08. The firm’s fifty day simple moving average is $20.24 and its two-hundred day simple moving average is $19.91.

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.