Global X Variable Rate Preferred ETF $PFFV Shares Purchased by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. increased its stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 220.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 670,995 shares of the company’s stock after buying an additional 461,722 shares during the period. Global X Variable Rate Preferred ETF accounts for about 1.5% of Foguth Wealth Management LLC.’s portfolio, making the stock its 23rd largest position. Foguth Wealth Management LLC. owned 4.32% of Global X Variable Rate Preferred ETF worth $14,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PFFV. SouthState Bank Corp acquired a new position in Global X Variable Rate Preferred ETF during the 1st quarter valued at approximately $44,000. Envestnet Asset Management Inc. grew its position in Global X Variable Rate Preferred ETF by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 99,521 shares of the company’s stock valued at $2,192,000 after buying an additional 3,095 shares during the period. Bedel Financial Consulting Inc. grew its holdings in 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 valued at $3,745,000 after purchasing an additional 3,466 shares during the period. Bank of America Corp DE increased its stake in shares of Global X Variable Rate Preferred ETF by 4.7% during 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 in the last quarter. Finally, Comprehensive Money Management Services LLC raised its stake in Global X Variable Rate Preferred ETF by 10.0% in the 1st quarter. Comprehensive Money Management Services LLC now owns 69,053 shares of the company’s stock valued at $1,507,000 after purchasing an additional 6,300 shares during the last quarter.

Global X Variable Rate Preferred ETF Price Performance

Shares of PFFV stock traded down $0.08 during trading hours on Monday, reaching $21.38. The company had a trading volume of 121,183 shares, compared to its average volume of 81,699. Global X Variable Rate Preferred ETF has a 12-month low of $21.31 and a 12-month high of $23.11. The stock has a fifty day moving average of $21.83 and a 200-day moving average of $22.03.

Global X Variable Rate Preferred ETF Company 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.