Private Advisor Group LLC Invests $304,000 in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Private Advisor Group LLC bought a new position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 13,297 shares of the company’s stock, valued at approximately $304,000. Private Advisor Group LLC owned approximately 0.11% of Global X Variable Rate Preferred ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. UBS Group AG grew its holdings in shares of Global X Variable Rate Preferred ETF by 168.1% during the fourth quarter. UBS Group AG now owns 1,973 shares of the company’s stock valued at $44,000 after buying an additional 1,237 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in Global X Variable Rate Preferred ETF by 101.2% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 2,433 shares of the company’s stock valued at $56,000 after acquiring an additional 1,224 shares in the last quarter. Harbour Investments Inc. acquired a new position in shares of Global X Variable Rate Preferred ETF in the 4th quarter valued at about $104,000. Atticus Wealth Management LLC purchased a new stake in shares of Global X Variable Rate Preferred ETF in the first quarter worth approximately $122,000. Finally, Advisor Group Holdings Inc. boosted its holdings in shares of Global X Variable Rate Preferred ETF by 53.2% during the fourth quarter. Advisor Group Holdings Inc. now owns 5,775 shares of the company’s stock worth $130,000 after purchasing an additional 2,006 shares during the period.

Global X Variable Rate Preferred ETF Trading Down 0.8 %

Global X Variable Rate Preferred ETF stock opened at $22.82 on Wednesday. Global X Variable Rate Preferred ETF has a twelve month low of $20.80 and a twelve month high of $24.72. The firm’s 50 day moving average price is $22.62 and its two-hundred day moving average price is $22.57.

Global X Variable Rate Preferred ETF Company Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.