Envestnet Portfolio Solutions Inc. Acquires 4,625 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 17.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,449 shares of the company’s stock after purchasing an additional 4,625 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Global X U.S. Preferred ETF were worth $594,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rialto Wealth Management LLC acquired a new stake in Global X U.S. Preferred ETF during the fourth quarter worth about $31,000. Heck Capital Advisors LLC bought a new position in Global X U.S. Preferred ETF in the fourth quarter valued at approximately $48,000. Angeles Wealth Management LLC acquired a new position in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $60,000. Endeavor Private Wealth Inc. bought a new stake in Global X U.S. Preferred ETF during the fourth quarter worth $91,000. Finally, Golden State Wealth Management LLC bought a new stake in Global X U.S. Preferred ETF during the fourth quarter worth $114,000.

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

Shares of PFFD opened at $19.47 on Tuesday. Global X U.S. Preferred ETF has a 52-week low of $19.06 and a 52-week high of $21.08. The business’s fifty day moving average is $19.68 and its 200-day moving average is $20.12.

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.