22,903 Shares in Global X Variable Rate Preferred ETF $PFFV Purchased by Dearborn Partners LLC

Dearborn Partners LLC purchased a new position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 22,903 shares of the company’s stock, valued at approximately $509,000.

Several other institutional investors have also modified their holdings of the business. Texas Yale Capital Corp. lifted its stake in shares of Global X Variable Rate Preferred ETF by 83.3% in the fourth quarter. Texas Yale Capital Corp. now owns 31,834 shares of the company’s stock worth $707,000 after acquiring an additional 14,471 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of Global X Variable Rate Preferred ETF by 16.4% in the fourth quarter. Harbour Investments Inc. now owns 15,746 shares of the company’s stock worth $350,000 after acquiring an additional 2,214 shares in the last quarter. Integral Investment Advisors Inc. lifted its stake in shares of Global X Variable Rate Preferred ETF by 7.3% in the fourth quarter. Integral Investment Advisors Inc. now owns 110,452 shares of the company’s stock worth $2,454,000 after acquiring an additional 7,499 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Global X Variable Rate Preferred ETF by 7.3% in the fourth quarter. International Assets Investment Management LLC now owns 12,765 shares of the company’s stock valued at $284,000 after buying an additional 865 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in Global X Variable Rate Preferred ETF by 2.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 32,853 shares of the company’s stock valued at $730,000 after buying an additional 811 shares during the last quarter.

Global X Variable Rate Preferred ETF Price Performance

Shares of Global X Variable Rate Preferred ETF stock opened at $22.11 on Monday. Global X Variable Rate Preferred ETF has a fifty-two week low of $21.70 and a fifty-two week high of $23.38. The business has a 50-day moving average price of $22.20 and a 200 day moving average price of $22.37.

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.