Kohmann Bosshard Financial Services LLC Decreases Stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Kohmann Bosshard Financial Services LLC lowered its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 47.6% in the third quarter, Holdings Channel reports. The firm owned 75,500 shares of the company’s stock after selling 68,481 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings in Global X U.S. Preferred ETF were worth $1,569,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC boosted its holdings in Global X U.S. Preferred ETF by 11.9% in the 2nd quarter. LPL Financial LLC now owns 6,189,058 shares of the company’s stock worth $121,801,000 after acquiring an additional 659,248 shares during the period. Global X Japan Co. Ltd. boosted its holdings in Global X U.S. Preferred ETF by 15.7% in the 2nd quarter. Global X Japan Co. Ltd. now owns 2,428,030 shares of the company’s stock worth $47,784,000 after acquiring an additional 329,680 shares during the period. Orgel Wealth Management LLC boosted its holdings in Global X U.S. Preferred ETF by 9.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock worth $46,407,000 after acquiring an additional 195,514 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Global X U.S. Preferred ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,180,014 shares of the company’s stock worth $23,223,000 after acquiring an additional 128,462 shares during the period. Finally, Full Sail Capital LLC boosted its holdings in Global X U.S. Preferred ETF by 7.9% in the 2nd quarter. Full Sail Capital LLC now owns 1,059,788 shares of the company’s stock worth $20,857,000 after acquiring an additional 77,267 shares during the period.

Global X U.S. Preferred ETF Stock Performance

NYSEARCA PFFD opened at $20.88 on Friday. Global X U.S. Preferred ETF has a fifty-two week low of $17.37 and a fifty-two week high of $21.08. The business has a 50 day moving average price of $20.52 and a two-hundred day moving average price of $19.96.

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.