LPL Financial LLC lessened its stake in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Get Rating) by 10.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,509 shares of the company’s stock after selling 3,020 shares during the quarter. LPL Financial LLC owned approximately 0.21% of Global X Variable Rate Preferred ETF worth $574,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in PFFV. UBS Group AG lifted its position in Global X Variable Rate Preferred ETF by 231.0% during the first quarter. UBS Group AG now owns 2,400 shares of the company’s stock valued at $63,000 after buying an additional 1,675 shares during the period. Private Trust Co. NA purchased a new position in shares of Global X Variable Rate Preferred ETF in the 4th quarter worth about $72,000. OLD Mission Capital LLC purchased a new position in shares of Global X Variable Rate Preferred ETF in the 3rd quarter worth about $231,000. Private Advisor Group LLC raised its position in shares of Global X Variable Rate Preferred ETF by 11.2% in the 1st quarter. Private Advisor Group LLC now owns 9,351 shares of the company’s stock worth $244,000 after purchasing an additional 945 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC raised its position in shares of Global X Variable Rate Preferred ETF by 7.0% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 11,385 shares of the company’s stock worth $256,000 after purchasing an additional 747 shares during the last quarter.
Global X Variable Rate Preferred ETF Stock Up 1.3 %
PFFV opened at $22.55 on Friday. The stock has a 50-day moving average price of $22.23 and a 200-day moving average price of $23.03. Global X Variable Rate Preferred ETF has a 1 year low of $20.80 and a 1 year high of $25.42.
Global X Variable Rate Preferred ETF Profile
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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.
See Also
Want to see what other hedge funds are holding PFFV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Get Rating).
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