Kohmann Bosshard Financial Services LLC Cuts Holdings in Global X U.S. Preferred ETF $PFFD

Kohmann Bosshard Financial Services LLC lessened its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 48.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 27,757 shares of the company’s stock after selling 25,717 shares during the quarter. Kohmann Bosshard Financial Services LLC’s holdings in Global X U.S. Preferred ETF were worth $523,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in PFFD. Alteri Wealth LLC raised its holdings in Global X U.S. Preferred ETF by 7.4% in the second quarter. Alteri Wealth LLC now owns 47,906 shares of the company’s stock valued at $902,000 after acquiring an additional 3,286 shares in the last quarter. Traub Capital Management LLC purchased a new stake in shares of Global X U.S. Preferred ETF in the 2nd quarter valued at approximately $2,064,000. Rockefeller Capital Management L.P. raised its holdings in shares of Global X U.S. Preferred ETF by 1.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 49,010 shares of the company’s stock valued at $923,000 after purchasing an additional 677 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Global X U.S. Preferred ETF by 12.6% during the 2nd quarter. Cetera Investment Advisers now owns 1,072,979 shares of the company’s stock worth $20,204,000 after purchasing an additional 119,844 shares during the last quarter. Finally, Foundations Investment Advisors LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter worth $294,000.

Global X U.S. Preferred ETF Trading Up 0.6%

Shares of PFFD stock opened at $18.68 on Friday. The firm has a fifty day moving average price of $19.33 and a 200 day moving average price of $19.12. Global X U.S. Preferred ETF has a 12 month low of $17.81 and a 12 month high of $20.57.

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.