Benjamin Edwards Inc. Buys Shares of 139,154 Global X Variable Rate Preferred ETF $PFFV

Benjamin Edwards Inc. bought a new position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the 4th quarter, Holdings Channel.com reports. The fund bought 139,154 shares of the company’s stock, valued at approximately $3,092,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. lifted its stake in shares of Global X Variable Rate Preferred ETF by 531.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 519,963 shares of the company’s stock valued at $12,022,000 after purchasing an additional 437,637 shares during the last quarter. Ironsides Asset Advisors LLC boosted its holdings in Global X Variable Rate Preferred ETF by 26.3% in the third quarter. Ironsides Asset Advisors LLC now owns 287,455 shares of the company’s stock worth $6,646,000 after purchasing an additional 59,802 shares in the last quarter. Bank of America Corp DE increased its position in Global X Variable Rate Preferred ETF by 7.0% during the second quarter. Bank of America Corp DE now owns 257,112 shares of the company’s stock worth $5,862,000 after buying an additional 16,712 shares during the last quarter. Investment Partners Asset Management Inc. increased its position in Global X Variable Rate Preferred ETF by 12.0% during the fourth quarter. Investment Partners Asset Management Inc. now owns 234,301 shares of the company’s stock worth $5,206,000 after buying an additional 25,180 shares during the last quarter. Finally, Integral Investment Advisors Inc. raised its holdings in Global X Variable Rate Preferred ETF by 27.6% during the third quarter. Integral Investment Advisors Inc. now owns 102,953 shares of the company’s stock valued at $2,380,000 after buying an additional 22,267 shares in the last quarter.

Global X Variable Rate Preferred ETF Stock Up 0.0%

Shares of NYSEARCA:PFFV opened at $22.24 on Wednesday. The business has a 50-day moving average of $22.19 and a two-hundred day moving average of $22.46. Global X Variable Rate Preferred ETF has a fifty-two week low of $21.70 and a fifty-two week 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.