Orgel Wealth Management LLC Decreases Stake in Global X U.S. Preferred ETF $PFFD

Orgel Wealth Management LLC cut its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report) by 3.1% during the second quarter, HoldingsChannel.com reports. The fund owned 6,826,192 shares of the company’s stock after selling 219,679 shares during the period. Global X U.S. Preferred ETF accounts for about 2.4% of Orgel Wealth Management LLC’s holdings, making the stock its 15th largest holding. Orgel Wealth Management LLC owned 0.06% of Global X U.S. Preferred ETF worth $127,582,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Global X U.S. Preferred ETF by 1,157.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 153,598 shares of the company’s stock worth $2,925,000 after purchasing an additional 141,386 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the second quarter valued at approximately $193,000. Qube Research & Technologies Ltd increased its holdings in shares of Global X U.S. Preferred ETF by 40.5% in the second quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock valued at $158,000 after purchasing an additional 2,415 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Global X U.S. Preferred ETF by 9.3% in the second quarter. NewEdge Advisors LLC now owns 90,238 shares of the company’s stock valued at $1,699,000 after purchasing an additional 7,671 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Global X U.S. Preferred ETF by 31.7% during the second quarter. Sei Investments Co. now owns 764,477 shares of the company’s stock worth $14,395,000 after buying an additional 183,876 shares in the last quarter.

Global X U.S. Preferred ETF Price Performance

NYSEARCA PFFD opened at $18.32 on Tuesday. The stock’s fifty day moving average is $18.56 and its two-hundred day moving average is $18.77. Global X U.S. Preferred ETF has a fifty-two week low of $18.22 and a fifty-two week high of $19.89.

About Global X U.S. Preferred ETF

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report).

Institutional Ownership by Quarter for Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.