Tiller Private Wealth Inc. Has $15.64 Million Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Tiller Private Wealth Inc. lowered its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 805,952 shares of the company’s stock after selling 29,550 shares during the period. Global X U.S. Preferred ETF makes up approximately 7.8% of Tiller Private Wealth Inc.’s portfolio, making the stock its 4th largest position. Tiller Private Wealth Inc. owned approximately 0.68% of Global X U.S. Preferred ETF worth $15,635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in PFFD. Sheets Smith Wealth Management bought a new stake in Global X U.S. Preferred ETF in the 3rd quarter worth approximately $29,000. Financial Gravity Asset Management Inc. grew its position in shares of Global X U.S. Preferred ETF by 1,449.5% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 1,596 shares of the company’s stock valued at $30,000 after acquiring an additional 1,493 shares during the period. GPS Wealth Strategies Group LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 4th quarter valued at $33,000. Milestone Investment Advisors LLC grew its position in shares of Global X U.S. Preferred ETF by 99.4% during the 1st quarter. Milestone Investment Advisors LLC now owns 1,811 shares of the company’s stock valued at $36,000 after acquiring an additional 903 shares during the period. Finally, Venturi Wealth Management LLC bought a new stake in shares of Global X U.S. Preferred ETF during the 3rd quarter valued at $54,000.

Global X U.S. Preferred ETF Trading Down 0.2 %

Shares of PFFD stock traded down $0.04 during mid-day trading on Thursday, reaching $19.18. 554,036 shares of the company’s stock traded hands, compared to its average volume of 773,725. Global X U.S. Preferred ETF has a 12 month low of $17.37 and a 12 month high of $20.43. The firm has a 50 day moving average price of $20.00 and a two-hundred day moving average price of $19.32.

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.