Columbus Macro LLC Makes New Investment in Global X Variable Rate Preferred ETF $PFFV

Columbus Macro LLC bought a new position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 961,575 shares of the company’s stock, valued at approximately $20,953,000. Global X Variable Rate Preferred ETF comprises 2.0% of Columbus Macro LLC’s portfolio, making the stock its 3rd largest position. Columbus Macro LLC owned approximately 6.18% of Global X Variable Rate Preferred ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in Global X Variable Rate Preferred ETF by 84.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 681,034 shares of the company’s stock valued at $14,866,000 after purchasing an additional 311,788 shares during the last quarter. Foguth Wealth Management LLC. acquired a new position in shares of Global X Variable Rate Preferred ETF in the first quarter valued at about $4,621,000. Bedel Financial Consulting Inc. raised its stake in shares of Global X Variable Rate Preferred ETF by 2.1% in the second quarter. Bedel Financial Consulting Inc. now owns 169,993 shares of the company’s stock worth $3,745,000 after purchasing an additional 3,466 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Global X Variable Rate Preferred ETF by 4.7% in the first quarter. Bank of America Corp DE now owns 135,828 shares of the company’s stock worth $2,965,000 after purchasing an additional 6,153 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in shares of Global X Variable Rate Preferred ETF by 64.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 128,997 shares of the company’s stock worth $2,866,000 after purchasing an additional 50,579 shares during the last quarter.

Global X Variable Rate Preferred ETF Trading Down 0.7%

Shares of Global X Variable Rate Preferred ETF stock traded down $0.16 on Wednesday, reaching $21.35. 110,294 shares of the stock were exchanged, compared to its average volume of 79,546. Global X Variable Rate Preferred ETF has a twelve month low of $21.31 and a twelve month high of $23.11. The business has a 50 day moving average price of $21.87 and a two-hundred day moving average price of $22.04.

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.