Creative Planning Acquires More Shares of Global X U.S. Preferred ETF

Creative Planning has increased its investment in the Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 1.4% during the third quarter, according to its latest Form 13F filing with the Securities and Exchange Commission (SEC). After acquiring an additional 13,055 shares, the institutional investor now owns a total of 945,370 shares of this ETF. As per their recent filing, Creative Planning's total investment in the Global X U.S. Preferred ETF is valued at approximately $19,645,000.

Several other investment firms have also adjusted their stakes in the Global X U.S. Preferred ETF. Notably, LPL Financial LLC increased its holdings by 11.9% in the second quarter, acquiring 659,248 additional shares to reach a total of 6,189,058 shares valued at $121,801,000. Global X Japan Co. Ltd. grew its position by 15.7%, now holding 2,428,030 shares worth $47,784,000 after purchasing 329,680 shares in the same period.

Similarly, Orgel Wealth Management LLC raised its stake by 9.9%, accumulating 2,037,722 shares valued at $40,102,000, while Envestnet Asset Management Inc. increased its holdings by 12.2% to own 1,180,014 shares valued at $23,223,000 after an additional 128,462 shares were acquired. Lastly, Full Sail Capital LLC also boosted its position by 7.9%, now owning 1,059,788 shares worth $20,857,000 after acquiring 77,267 shares.

Global X U.S. Preferred ETF Price Performance

As of Tuesday, shares of the Global X U.S. Preferred ETF opened at $20.70. The ETF has recorded a 50-day moving average of $20.52 and a 200-day moving average of $19.96. Over the past year, PFFD has seen a low of $17.52 and a high of $21.08.

Global X U.S. Preferred ETF Overview

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that primarily invests in a wide range of fixed-income securities. This fund tracks a market-value-weighted index of preferred stocks in the United States, selected and weighted based on market capitalization. Launched on September 11, 2017, PFFD is managed by Global X.

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Curious about what other hedge funds hold in PFFD? Visit HoldingsChannel.com for the latest SEC filings and insider trade information on Global X U.S. Preferred ETF (NYSEARCA:PFFD).

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