Appleton Partners Inc. MA Has $1.66 Million Stock Position in Global X U.S. Preferred ETF $PFFD

Appleton Partners Inc. MA lowered its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFDFree Report) by 60.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 85,176 shares of the company’s stock after selling 129,245 shares during the period. Appleton Partners Inc. MA owned 0.07% of Global X U.S. Preferred ETF worth $1,655,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Blair William & Co. IL raised its position in Global X U.S. Preferred ETF by 3,442.9% during the second quarter. Blair William & Co. IL now owns 2,728 shares of the company’s stock worth $51,000 after acquiring an additional 2,651 shares in the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of Global X U.S. Preferred ETF during the 2nd quarter worth about $102,000. Geneos Wealth Management Inc. raised its holdings in shares of Global X U.S. Preferred ETF by 117.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 5,516 shares of the company’s stock valued at $104,000 after purchasing an additional 2,974 shares during the period. Harbour Investments Inc. lifted its stake in Global X U.S. Preferred ETF by 718.7% in the 2nd quarter. Harbour Investments Inc. now owns 5,600 shares of the company’s stock valued at $105,000 after purchasing an additional 4,916 shares during the last quarter. Finally, Evolution Wealth Management Inc. acquired a new stake in Global X U.S. Preferred ETF in the 2nd quarter valued at about $129,000.

Global X U.S. Preferred ETF Price Performance

Shares of NYSEARCA PFFD opened at $19.27 on Friday. The business’s 50 day moving average price is $19.20 and its two-hundred day moving average price is $19.26. Global X U.S. Preferred ETF has a twelve month low of $17.81 and a twelve month high of $19.91.

Global X U.S. Preferred ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

Global X U.S. Preferred ETF Company Profile

(Free Report)

The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.

See Also

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Institutional Ownership by Quarter for Global X U.S. Preferred ETF (NYSEARCA:PFFD)

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