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

Appleton Partners Inc. MA lessened its holdings in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 34.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,536 shares of the company’s stock after selling 29,640 shares during the period. Appleton Partners Inc. MA’s holdings in Global X U.S. Preferred ETF were worth $1,050,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC purchased a new position in Global X U.S. Preferred ETF during the second quarter worth about $102,000. Geneos Wealth Management Inc. grew its stake 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 buying an additional 2,974 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter worth approximately $129,000. Qube Research & Technologies Ltd increased its holdings in shares of Global X U.S. Preferred ETF by 40.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 8,371 shares of the company’s stock worth $158,000 after buying an additional 2,415 shares during the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Global X U.S. Preferred ETF during the 2nd quarter valued at approximately $193,000.

Global X U.S. Preferred ETF Trading Up 0.2%

Shares of Global X U.S. Preferred ETF stock opened at $18.50 on Wednesday. Global X U.S. Preferred ETF has a fifty-two week low of $17.81 and a fifty-two week high of $19.89. The stock has a 50 day moving average of $19.19 and a 200 day moving average of $19.22.

Global X U.S. Preferred ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.5%.

Global X U.S. Preferred ETF Profile

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.