Global X U.S. Preferred ETF $PFFD Shares Sold by Appleton Partners Inc. MA

Appleton Partners Inc. MA lessened its position in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 214,421 shares of the company’s stock after selling 13,008 shares during the quarter. Appleton Partners Inc. MA’s holdings in Global X U.S. Preferred ETF were worth $4,038,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Orgel Wealth Management LLC acquired a new stake in shares of Global X U.S. Preferred ETF in the second quarter valued at about $131,115,000. Global X Japan Co. Ltd. raised its stake in Global X U.S. Preferred ETF by 11.6% during the second quarter. Global X Japan Co. Ltd. now owns 3,540,531 shares of the company’s stock worth $66,668,000 after purchasing an additional 367,420 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Global X U.S. Preferred ETF by 11.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,433,222 shares of the company’s stock valued at $27,289,000 after acquiring an additional 143,263 shares during the period. Full Sail Capital LLC raised its stake in shares of Global X U.S. Preferred ETF by 4.3% in the 1st quarter. Full Sail Capital LLC now owns 1,426,866 shares of the company’s stock valued at $27,168,000 after acquiring an additional 58,695 shares during the period. Finally, CWM LLC raised its stake in shares of Global X U.S. Preferred ETF by 2.0% in the 1st quarter. CWM LLC now owns 1,326,042 shares of the company’s stock valued at $25,248,000 after acquiring an additional 25,961 shares during the period.

Global X U.S. Preferred ETF Stock Performance

Shares of PFFD stock opened at $19.51 on Monday. The company has a 50 day moving average price of $19.43 and a 200 day moving average price of $18.99. Global X U.S. Preferred ETF has a fifty-two week low of $17.81 and a fifty-two week high of $20.99.

About Global X U.S. Preferred ETF

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.