CENTRAL TRUST Co Reduces Stake in Global X U.S. Preferred ETF (PFFD)

CENTRAL TRUST Co has decreased its investment in the Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) by 13.1% during the third quarter of the year. This information comes from the company’s latest Form 13F filing with the Securities and Exchange Commission. After selling 2,000 shares, CENTRAL TRUST now holds 13,300 shares in the ETF, which are valued at approximately $276,000 as of the end of the most recent quarter.

In addition to CENTRAL TRUST’s adjustments, several other large investors have also modified their positions in the Global X U.S. Preferred ETF. Ridgewood Investments LLC added a new stake in the ETF in the second quarter worth $25,000. During the same time frame, Blue Trust Inc. significantly increased its holdings by 822.5%, acquiring an additional 2,229 shares, bringing its total to 2,500 shares worth $49,000. New Millennium Group LLC also established a new position in the ETF valued at around $51,000 during the second quarter. Furthermore, First Horizon Advisors Inc. increased its position by 32% during the second quarter, owning 2,683 shares valued at $53,000 after purchasing an additional 650 shares. Finally, Future Financial Wealth Management LLC took a new stake worth approximately $131,000 in the third quarter.

Current Trading Status of Global X U.S. Preferred ETF

As of the latest trading session, shares of the Global X U.S. Preferred ETF opened at $20.59. The ETF has experienced a 52-week low of $17.58 and a high of $21.08 during this period. Its fifty-day moving average is $20.61, while its two-hundred-day moving average stands at $19.99.

Understanding the Global X U.S. Preferred ETF

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that focuses on fixed income investments. The fund tracks a market-value-weighted index that consists of U.S. preferred stocks, which are selected and weighted based on their market capitalization. Launched on September 11, 2017, PFFD is managed by Global X.

Further Tracking of PFFD Holdings

Interested parties can find additional details regarding what other hedge funds are holding in the Global X U.S. Preferred ETF by visiting financial tracking websites that provide the latest Form 13F filings and insider trades.

To keep abreast of the daily news and analysts' ratings about the Global X U.S. Preferred ETF and related companies, subscribing to financial newsletters can provide valuable insights and updates.

investment, ETF, finance