Prairiewood Capital LLC Buys 8,968 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Prairiewood Capital LLC raised its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 298,394 shares of the company’s stock after acquiring an additional 8,968 shares during the period. Global X U.S. Preferred ETF comprises approximately 2.5% of Prairiewood Capital LLC’s investment portfolio, making the stock its 12th largest holding. Prairiewood Capital LLC owned 0.25% of Global X U.S. Preferred ETF worth $5,822,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in shares of Global X U.S. Preferred ETF by 3,623.2% during the third quarter. Farther Finance Advisors LLC now owns 2,085 shares of the company’s stock valued at $43,000 after purchasing an additional 2,029 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Global X U.S. Preferred ETF by 822.5% during the 3rd quarter. Blue Trust Inc. now owns 2,500 shares of the company’s stock worth $49,000 after buying an additional 2,229 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Global X U.S. Preferred ETF in the 3rd quarter worth approximately $131,000. Jacobsen Capital Management bought a new position in shares of Global X U.S. Preferred ETF in the third quarter valued at approximately $203,000. Finally, L.M. Kohn & Company purchased a new stake in shares of Global X U.S. Preferred ETF during the third quarter valued at approximately $209,000.

Global X U.S. Preferred ETF Price Performance

PFFD stock opened at $19.81 on Tuesday. The stock’s fifty day simple moving average is $19.97 and its two-hundred day simple moving average is $20.20. Global X U.S. Preferred ETF has a 1-year low of $19.06 and a 1-year high of $21.08.

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.