TCG Advisors LP Sells 1,216 Shares of Global X SuperIncome Preferred ETF (NYSEARCA:SPFF)

TCG Advisors LP lessened its stake in Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) by 11.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,837 shares of the company’s stock after selling 1,216 shares during the period. TCG Advisors LP’s holdings in Global X SuperIncome Preferred ETF were worth $115,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SPFF. Janney Montgomery Scott LLC lifted its position in Global X SuperIncome Preferred ETF by 66.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 68,901 shares of the company’s stock worth $800,000 after buying an additional 27,607 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Global X SuperIncome Preferred ETF by 39.2% in the second quarter. Wells Fargo & Company MN now owns 56,679 shares of the company’s stock worth $658,000 after buying an additional 15,959 shares in the last quarter. Atria Investments LLC bought a new position in Global X SuperIncome Preferred ETF during the second quarter valued at approximately $919,000. LPL Financial LLC grew its position in Global X SuperIncome Preferred ETF by 7.8% during the second quarter. LPL Financial LLC now owns 347,409 shares of the company’s stock valued at $4,037,000 after acquiring an additional 25,093 shares during the last quarter. Finally, Emerald Investment Partners LLC bought a new position in Global X SuperIncome Preferred ETF during the second quarter valued at approximately $251,000.

Shares of SPFF stock remained flat at $$11.71 during trading hours on Wednesday. 3,969 shares of the company’s stock traded hands, compared to its average volume of 79,548. Global X SuperIncome Preferred ETF has a 52-week low of $10.83 and a 52-week high of $11.96. The stock has a 50-day simple moving average of $11.71 and a 200 day simple moving average of $11.64.



The firm also recently disclosed a — dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, September 6th will be paid a $0.0575 dividend. The ex-dividend date is Thursday, September 5th. This represents a dividend yield of 6.5%.

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Institutional Ownership by Quarter for Global X SuperIncome Preferred ETF (NYSEARCA:SPFF)

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