Global X to transfer exchange listing of preferred and quality dividend ETFs
Global X ETFs, a New York-based provider of exchange traded funds, is to transfer the listings of the Global X US Preferred ETF (PFFD) and the Global X S&P 500 Quality Dividend ETF (QDIV) from CBOE BXZ to NYSE Arca, Inc on 14 January, 2020.
The Global X US Preferred ETF (PFFD) seeks to provide investors with exposure to the broad-based performance of the US preferred securities market at an expense ratio that is nearly half the industry average. The fund tracks the ICE BofaML Diversified Core US Preferred Securities Index.
The Global X S&P 500® Quality Dividend ETF (QDIV) aims to provide investors with exposure to US equity securities included in the S&P 500 Index that are among the top 200 of the index universe by dividend yield, and by adherence to a quality factor score. The fund tracks the S&P 500 Quality High Dividend Index.
The funds will continue to trade as normal on CBOE until the transfer takes place.