Perissos Private Wealth Management LLC Decreases Position in Global X U.S. Preferred ETF $PFFD

Perissos Private Wealth Management LLC lowered its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 14.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72,192 shares of the company’s stock after selling 11,835 shares during the period. Perissos Private Wealth Management LLC owned 0.06% of Global X U.S. Preferred ETF worth $1,359,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PFFD. Simplex Trading LLC increased its stake in shares of Global X U.S. Preferred ETF by 226.6% during the 1st quarter. Simplex Trading LLC now owns 2,361 shares of the company’s stock worth $44,000 after purchasing an additional 1,638 shares during the last quarter. Anderson Financial Strategies LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 1st quarter worth approximately $46,000. Blair William & Co. IL increased its stake in shares of Global X U.S. Preferred ETF by 3,442.9% during the 2nd quarter. Blair William & Co. IL now owns 2,728 shares of the company’s stock worth $51,000 after purchasing an additional 2,651 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter worth approximately $67,000. Finally, Harbour Investments Inc. increased its stake in shares of Global X U.S. Preferred ETF by 718.7% during the 2nd quarter. Harbour Investments Inc. now owns 5,600 shares of the company’s stock worth $105,000 after purchasing an additional 4,916 shares during the last quarter.

Global X U.S. Preferred ETF Stock Performance

Shares of PFFD stock opened at $19.47 on Friday. The company has a 50 day moving average of $19.50 and a 200-day moving average of $19.05. Global X U.S. Preferred ETF has a 12-month low of $17.81 and a 12-month high of $20.80.

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.