Sei Investments Co. Buys 123,362 Shares of Global X U.S. Preferred ETF $PFFD

Sei Investments Co. boosted its stake in Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 12.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,116,743 shares of the company’s stock after buying an additional 123,362 shares during the period. Sei Investments Co. owned 0.99% of Global X U.S. Preferred ETF worth $20,548,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Lido Advisors LLC boosted its holdings in shares of Global X U.S. Preferred ETF by 7.7% during the 1st quarter. Lido Advisors LLC now owns 1,642,883 shares of the company’s stock valued at $30,229,000 after buying an additional 117,625 shares in the last quarter. Cetera Investment Advisers boosted its stake in Global X U.S. Preferred ETF by 17.1% during the first quarter. Cetera Investment Advisers now owns 1,254,426 shares of the company’s stock worth $23,081,000 after acquiring an additional 182,979 shares in the last quarter. First Citizens Bank & Trust Co. grew its holdings in Global X U.S. Preferred ETF by 4.2% in the first quarter. First Citizens Bank & Trust Co. now owns 34,875 shares of the company’s stock worth $642,000 after purchasing an additional 1,405 shares during the period. PNC Financial Services Group Inc. grew its holdings in Global X U.S. Preferred ETF by 21.7% in the first quarter. PNC Financial Services Group Inc. now owns 12,557 shares of the company’s stock worth $231,000 after purchasing an additional 2,243 shares during the period. Finally, Aire Advisors LLC increased its stake in shares of Global X U.S. Preferred ETF by 4.8% during the first quarter. Aire Advisors LLC now owns 348,970 shares of the company’s stock valued at $6,421,000 after purchasing an additional 15,979 shares in the last quarter.

Global X U.S. Preferred ETF Trading Down 0.8%

PFFD stock opened at $18.34 on Thursday. The firm has a 50 day moving average price of $18.70 and a 200-day moving average price of $18.92. Global X U.S. Preferred ETF has a 52-week low of $18.22 and a 52-week high of $19.89.

About Global X U.S. Preferred ETF

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.