First Citizens Bank & Trust Co. Buys 1,405 Shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD)

First Citizens Bank & Trust Co. lifted its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,155 shares of the company’s stock after acquiring an additional 1,405 shares during the period. First Citizens Bank & Trust Co.’s holdings in Global X U.S. Preferred ETF were worth $308,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Angeles Wealth Management LLC bought a new position in Global X U.S. Preferred ETF in the fourth quarter valued at $60,000. Gladstone Institutional Advisory LLC grew its position in Global X U.S. Preferred ETF by 11.4% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 98,966 shares of the company’s stock valued at $1,931,000 after purchasing an additional 10,124 shares in the last quarter. Naples Global Advisors LLC grew its position in Global X U.S. Preferred ETF by 11.7% in the fourth quarter. Naples Global Advisors LLC now owns 385,631 shares of the company’s stock valued at $7,562,000 after purchasing an additional 40,381 shares in the last quarter. Hickory Asset Management Inc. bought a new position in Global X U.S. Preferred ETF in the fourth quarter valued at $662,000. Finally, Principal Securities Inc. grew its position in Global X U.S. Preferred ETF by 10.1% in the fourth quarter. Principal Securities Inc. now owns 75,896 shares of the company’s stock valued at $1,481,000 after purchasing an additional 6,932 shares in the last quarter.

Global X U.S. Preferred ETF Stock Up 0.1%

Global X U.S. Preferred ETF stock opened at $18.77 on Wednesday. Global X U.S. Preferred ETF has a 1-year low of $17.81 and a 1-year high of $21.08. The company has a fifty day simple moving average of $18.59 and a 200 day simple moving average of $19.33.

Global X U.S. Preferred ETF 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.