BNP Paribas Arbitrage SA Invests $287,000 in Global X US Preferred ETF (PFFD) Stock

BNP Paribas Arbitrage SA purchased a new stake in shares of Global X US Preferred ETF (BATS:PFFD) in the first quarter, Holdings Channel reports. The firm purchased 11,949 shares of the company’s stock, valued at approximately $287,000.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Architects Inc acquired a new position in Global X US Preferred ETF during the 4th quarter valued at about $104,000. LPL Financial LLC acquired a new position in Global X US Preferred ETF during the 4th quarter valued at about $254,000. Bluefin Trading LLC acquired a new position in Global X US Preferred ETF during the 4th quarter valued at about $394,000. AdvisorNet Financial Inc boosted its stake in Global X US Preferred ETF by 18.6% during the 4th quarter. AdvisorNet Financial Inc now owns 19,166 shares of the company’s stock valued at $432,000 after purchasing an additional 3,012 shares during the last quarter. Finally, FDx Advisors Inc. acquired a new position in Global X US Preferred ETF during the 4th quarter valued at about $521,000.

Shares of BATS PFFD opened at $24.23 on Thursday. Global X US Preferred ETF has a twelve month low of $23.70 and a twelve month high of $25.77.

The firm also recently announced a monthly dividend, which was paid on Monday, May 13th. Stockholders of record on Monday, May 6th were paid a $0.1148 dividend. The ex-dividend date was Friday, May 3rd. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.69%.

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Want to see what other hedge funds are holding PFFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X US Preferred ETF (BATS:PFFD).

Institutional Ownership by Quarter for Global X US Preferred ETF (BATS:PFFD)

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