LFG Wealth Partners LLC Takes $2.06 Million Position in Global X Variable Rate Preferred ETF $PFFV

LFG Wealth Partners LLC bought a new stake in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the 4th quarter, HoldingsChannel.com reports. The fund bought 92,723 shares of the company’s stock, valued at approximately $2,060,000. Global X Variable Rate Preferred ETF accounts for approximately 1.3% of LFG Wealth Partners LLC’s holdings, making the stock its 25th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Glassman Wealth Services purchased a new position in shares of Global X Variable Rate Preferred ETF during the 4th quarter valued at approximately $49,000. Kestra Advisory Services LLC purchased a new position in shares of Global X Variable Rate Preferred ETF during the 4th quarter valued at approximately $80,000. International Assets Investment Management LLC increased its holdings in shares of Global X Variable Rate Preferred ETF by 7.3% during the 4th quarter. International Assets Investment Management LLC now owns 12,765 shares of the company’s stock valued at $284,000 after purchasing an additional 865 shares in the last quarter. Centurion Wealth Management LLC increased its holdings in shares of Global X Variable Rate Preferred ETF by 3.8% during the 4th quarter. Centurion Wealth Management LLC now owns 14,260 shares of the company’s stock valued at $317,000 after purchasing an additional 522 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Global X Variable Rate Preferred ETF by 3.7% during the 2nd quarter. Osaic Holdings Inc. now owns 13,959 shares of the company’s stock valued at $318,000 after purchasing an additional 500 shares in the last quarter.

Global X Variable Rate Preferred ETF Stock Up 0.4%

NYSEARCA:PFFV opened at $22.20 on Tuesday. The company has a 50 day moving average price of $22.23 and a 200-day moving average price of $22.36. Global X Variable Rate Preferred ETF has a 1-year low of $21.70 and a 1-year high of $23.38.

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.