439,536 Shares in Global X Variable Rate Preferred ETF $PFFV Acquired by Columbus Macro LLC

Columbus Macro LLC bought a new position in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 439,536 shares of the company’s stock, valued at approximately $10,162,000. Global X Variable Rate Preferred ETF accounts for 1.2% of Columbus Macro LLC’s holdings, making the stock its 21st largest position. Columbus Macro LLC owned 3.20% of Global X Variable Rate Preferred ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in shares of Global X Variable Rate Preferred ETF in the 2nd quarter worth $777,000. Investment Partners Asset Management Inc. grew its stake in Global X Variable Rate Preferred ETF by 15.0% in the second quarter. Investment Partners Asset Management Inc. now owns 191,816 shares of the company’s stock valued at $4,373,000 after purchasing an additional 24,954 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Global X Variable Rate Preferred ETF by 55.1% in the second quarter. Janney Montgomery Scott LLC now owns 272,685 shares of the company’s stock worth $6,217,000 after purchasing an additional 96,835 shares in the last quarter. Truist Financial Corp raised its holdings in Global X Variable Rate Preferred ETF by 11.6% in the second quarter. Truist Financial Corp now owns 27,152 shares of the company’s stock worth $619,000 after purchasing an additional 2,818 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Global X Variable Rate Preferred ETF during the second quarter valued at about $41,000.

Global X Variable Rate Preferred ETF Stock Performance

NYSEARCA:PFFV opened at $22.56 on Friday. The company’s 50-day simple moving average is $22.67 and its 200-day simple moving average is $22.93. Global X Variable Rate Preferred ETF has a fifty-two week low of $22.25 and a fifty-two week high of $24.16.

Global X Variable Rate Preferred ETF 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.