ETFs

Creative Planning Increases Holdings in Global X U.S. Preferred ETF

Published October 22, 2024

Creative Planning recently announced a 1.4% increase in its holdings of the Global X U.S. Preferred ETF (NYSEARCA:PFFD – Free Report) during the third quarter. This update comes from their latest Form 13F filing with the Securities and Exchange Commission. After acquiring an additional 13,055 shares, Creative Planning now possesses 945,370 shares of this ETF, with a total value of $19,645,000 at the time of the filing.

Several other institutional investors have also adjusted their positions in the Global X U.S. Preferred ETF. For instance, LPL Financial LLC raised its stake by 11.9% in the previous quarter, resulting in a total of 6,189,058 shares worth $121,801,000 after adding 659,248 shares. Global X Japan Co. Ltd. increased its holdings by 15.7%, bringing its total to 2,428,030 shares valued at $47,784,000 after acquiring an additional 329,680 shares. Orgel Wealth Management LLC added 183,307 shares, which elevated their ownership to 2,037,722 shares, worth $40,102,000, marking a 9.9% growth in their stake. Additionally, Envestnet Asset Management Inc. boosted its investment by 12.2%, acquiring 128,462 shares and raising its total to 1,180,014 shares valued at $23,223,000. Full Sail Capital LLC also increased its stake by 7.9% and now holds 1,059,788 shares valued at $20,857,000.

Global X U.S. Preferred ETF Price Overview

As of the latest market update on Tuesday, shares of the Global X U.S. Preferred ETF (PFFD) opened at $20.70. The ETF has a 50-day moving average price of $20.52 and a 200-day moving average price of $19.96. Over the past year, PFFD has traded between a low of $17.52 and a high of $21.08.

Global X U.S. Preferred ETF: Key Details

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that invests primarily in a diversified portfolio of U.S. preferred stocks, selected and weighted by market capitalization. It aims to provide exposure to the U.S. preferred stock market and was launched on September 11, 2017, managed by Global X.

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For insights into the latest holdings and transactions related to PFFD, visit HoldingsChannel.com for updated 13F filings and trades.

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Creative, Planning, PFFD