American Institute for Advanced Investment Management LLP Raises Holdings in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

American Institute for Advanced Investment Management LLP raised its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 39.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 35,185 shares of the company’s stock after purchasing an additional 9,925 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Global X U.S. Preferred ETF were worth $731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the company. Ridgewood Investments LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter worth approximately $25,000. Blue Trust Inc. grew its position in Global X U.S. Preferred ETF by 822.5% during the third quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock valued at $49,000 after acquiring an additional 2,229 shares during the period. New Millennium Group LLC purchased a new position in Global X U.S. Preferred ETF in the second quarter valued at about $51,000. First Horizon Advisors Inc. raised its stake in shares of Global X U.S. Preferred ETF by 32.0% during the second quarter. First Horizon Advisors Inc. now owns 2,683 shares of the company’s stock valued at $53,000 after purchasing an additional 650 shares during the period. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of Global X U.S. Preferred ETF during the third quarter worth $131,000.

Global X U.S. Preferred ETF Stock Performance

Global X U.S. Preferred ETF stock traded up $0.04 during midday trading on Thursday, hitting $20.63. 119,271 shares of the stock were exchanged, compared to its average volume of 657,202. Global X U.S. Preferred ETF has a 1 year low of $17.58 and a 1 year high of $21.08. The company has a 50 day moving average price of $20.58 and a two-hundred day moving average price of $19.98.

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.