Appleton Partners Inc. MA Has $4.26 Million Stock Position in Global X U.S. Preferred ETF (NYSEARCA:PFFD)

Appleton Partners Inc. MA grew its stake in shares of Global X U.S. Preferred ETF (NYSEARCA:PFFD) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 218,129 shares of the company’s stock after buying an additional 10,162 shares during the quarter. Appleton Partners Inc. MA owned approximately 0.18% of Global X U.S. Preferred ETF worth $4,256,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. LPL Financial LLC increased its position in Global X U.S. Preferred ETF by 15.4% in the 3rd quarter. LPL Financial LLC now owns 7,139,593 shares of the company’s stock valued at $148,361,000 after acquiring an additional 950,535 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in Global X U.S. Preferred ETF by 23.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,466,319 shares of the company’s stock valued at $28,608,000 after purchasing an additional 274,237 shares during the period. Global X Japan Co. Ltd. raised its position in Global X U.S. Preferred ETF by 11.2% during the 3rd quarter. Global X Japan Co. Ltd. now owns 2,699,498 shares of the company’s stock worth $56,096,000 after purchasing an additional 271,468 shares during the last quarter. Columbus Macro LLC lifted its holdings in Global X U.S. Preferred ETF by 219.8% during the 4th quarter. Columbus Macro LLC now owns 357,931 shares of the company’s stock worth $6,983,000 after buying an additional 246,020 shares during the period. Finally, Orgel Wealth Management LLC grew its position in shares of Global X U.S. Preferred ETF by 9.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 2,233,236 shares of the company’s stock valued at $46,407,000 after buying an additional 195,514 shares during the last quarter.

Global X U.S. Preferred ETF Price Performance

NYSEARCA:PFFD opened at $19.64 on Friday. Global X U.S. Preferred ETF has a fifty-two week low of $19.06 and a fifty-two week high of $21.08. The company has a 50 day simple moving average of $19.82 and a two-hundred day simple moving average of $20.19.

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.