Princeton Global Asset Management LLC Increases Stock Position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Princeton Global Asset Management LLC increased its holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,326 shares of the company’s stock after buying an additional 579 shares during the period. Princeton Global Asset Management LLC owned 0.84% of Global X Variable Rate Preferred ETF worth $2,082,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA increased its holdings in shares of Global X Variable Rate Preferred ETF by 95.3% in the 3rd quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock worth $162,000 after buying an additional 3,280 shares during the last quarter. West Michigan Advisors LLC bought a new position in Global X Variable Rate Preferred ETF in the third quarter valued at $243,000. International Assets Investment Management LLC bought a new position in Global X Variable Rate Preferred ETF in the fourth quarter valued at $284,000. Acorn Wealth Advisors LLC raised its position in Global X Variable Rate Preferred ETF by 16.5% during the third quarter. Acorn Wealth Advisors LLC now owns 12,350 shares of the company’s stock valued at $297,000 after purchasing an additional 1,752 shares in the last quarter. Finally, Segall Bryant & Hamill LLC bought a new stake in Global X Variable Rate Preferred ETF during the third quarter worth about $303,000.

Global X Variable Rate Preferred ETF Trading Down 0.6 %

Shares of Global X Variable Rate Preferred ETF stock opened at $23.95 on Monday. Global X Variable Rate Preferred ETF has a 12 month low of $22.92 and a 12 month high of $24.48. The business’s 50-day moving average price is $23.92 and its 200-day moving average price is $23.92.

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.