Cornerstone Select Advisors LLC Buys Shares of 13,112 Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Cornerstone Select Advisors LLC purchased a new position in Global X U.S. Preferred ETF (NYSEARCA:PFFD) in the fourth quarter, HoldingsChannel reports. The firm purchased 13,112 shares of the company’s stock, valued at approximately $256,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rialto Wealth Management LLC acquired a new position in shares of Global X U.S. Preferred ETF during the 4th quarter valued at $31,000. Heck Capital Advisors LLC purchased a new stake in shares of Global X U.S. Preferred ETF in the fourth quarter valued at $48,000. Aptus Capital Advisors LLC boosted its position in shares of Global X U.S. Preferred ETF by 89.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 2,962 shares of the company’s stock worth $58,000 after buying an additional 1,398 shares during the period. Angeles Wealth Management LLC purchased a new position in shares of Global X U.S. Preferred ETF during the fourth quarter valued at $60,000. Finally, Endeavor Private Wealth Inc. acquired a new position in Global X U.S. Preferred ETF during the fourth quarter valued at $91,000.

Global X U.S. Preferred ETF Price Performance

Shares of Global X U.S. Preferred ETF stock opened at $18.65 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 stock has a 50-day moving average price of $18.91 and a 200 day moving average price of $19.64.

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.