Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 34.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 26,000 shares of the company’s stock after buying an additional 6,649 shares during the period. Stratos Wealth Partners LTD.’s holdings in Global X Variable Rate Preferred ETF were worth $613,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Princeton Global Asset Management LLC raised its position in shares of Global X Variable Rate Preferred ETF by 0.7% in the 4th quarter. Princeton Global Asset Management LLC now owns 88,326 shares of the company’s stock valued at $2,082,000 after purchasing an additional 579 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Global X Variable Rate Preferred ETF by 298.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 83,317 shares of the company’s stock worth $1,964,000 after buying an additional 62,411 shares during the last quarter. FLC Capital Advisors lifted its stake in shares of Global X Variable Rate Preferred ETF by 12.0% during the fourth quarter. FLC Capital Advisors now owns 21,429 shares of the company’s stock worth $505,000 after buying an additional 2,297 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Global X Variable Rate Preferred ETF during the fourth quarter valued at $284,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Global X Variable Rate Preferred ETF in the 3rd quarter valued at $1,042,000.

Global X Variable Rate Preferred ETF Stock Up 0.2 %

Shares of PFFV opened at $23.87 on Tuesday. The stock has a 50-day moving average of $23.88 and a two-hundred day moving average of $23.93. Global X Variable Rate Preferred ETF has a one year low of $22.92 and a one year high of $24.48.

About Global X Variable Rate Preferred ETF

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.