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This past week, during the recent summer sell-off, I purchased more shares of the Global X U.S. Preferred ETF (NYSEARCA:PFFD).
The shares had fallen about 6-7% from the recent summer high and I thought there
Analyst’s Disclosure:I/we have a beneficial long position in the shares of PFFD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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