Abound Financial LLC Takes $1.96 Million Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Abound Financial LLC bought a new position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 100,602 shares of the company’s stock, valued at approximately $1,963,000. Global X U.S. Preferred ETF makes up about 1.0% of Abound Financial LLC’s holdings, making the stock its 21st largest holding. Abound Financial LLC owned about 0.08% of Global X U.S. Preferred ETF as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Trilogy Capital Inc. boosted its holdings in Global X U.S. Preferred ETF by 2.8% during the fourth quarter. Trilogy Capital Inc. now owns 18,109 shares of the company’s stock worth $353,000 after buying an additional 501 shares in the last quarter. Intrepid Financial Planning Group LLC boosted its holdings in Global X U.S. Preferred ETF by 2.0% during the third quarter. Intrepid Financial Planning Group LLC now owns 30,235 shares of the company’s stock worth $628,000 after buying an additional 590 shares in the last quarter. Financial Advocates Investment Management boosted its holdings in Global X U.S. Preferred ETF by 4.3% during the fourth quarter. Financial Advocates Investment Management now owns 22,812 shares of the company’s stock worth $445,000 after buying an additional 938 shares in the last quarter. Centaurus Financial Inc. boosted its holdings in Global X U.S. Preferred ETF by 4.1% during the third quarter. Centaurus Financial Inc. now owns 23,877 shares of the company’s stock worth $496,000 after buying an additional 947 shares in the last quarter. Finally, Lewis Asset Management LLC boosted its holdings in Global X U.S. Preferred ETF by 8.1% during the third quarter. Lewis Asset Management LLC now owns 15,678 shares of the company’s stock worth $326,000 after buying an additional 1,177 shares in the last quarter.

Global X U.S. Preferred ETF Stock Performance

Shares of NYSEARCA:PFFD opened at $19.74 on Friday. Global X U.S. Preferred ETF has a 1-year low of $19.06 and a 1-year high of $21.08. The company has a 50 day moving average price of $19.72 and a 200 day moving average price of $20.20.

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.