961,575 Shares of Global X Variable Rate Preferred ETF $PFFV Purchased by Columbus Macro LLC

Columbus Macro LLC acquired a new stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the 3rd quarter, HoldingsChannel reports. The fund acquired 961,575 shares of the company’s stock, valued at approximately $20,953,000. Global X Variable Rate Preferred ETF makes up 2.0% of Columbus Macro LLC’s investment portfolio, making the stock its 3rd largest holding. Columbus Macro LLC owned about 0.06% of Global X Variable Rate Preferred ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings 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 worth $2,192,000 after acquiring an additional 3,095 shares during the period. Corient Private Wealth LP purchased a new position in Global X Variable Rate Preferred ETF during the second quarter valued at approximately $222,000. Bedel Financial Consulting Inc. lifted 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 acquiring an additional 3,466 shares during the period. Integral Investment Advisors Inc. lifted its holdings in Global X Variable Rate Preferred ETF by 7.2% in the second quarter. Integral Investment Advisors Inc. now owns 116,315 shares of the company’s stock valued at $2,562,000 after acquiring an additional 7,783 shares during the period. Finally, LFG Wealth Partners LLC lifted its holdings in Global X Variable Rate Preferred ETF by 9.4% in the first quarter. LFG Wealth Partners LLC now owns 101,461 shares of the company’s stock valued at $2,215,000 after acquiring an additional 8,738 shares during the period.

Global X Variable Rate Preferred ETF Trading Down 0.7%

Global X Variable Rate Preferred ETF stock traded down $0.16 during mid-day trading on Wednesday, hitting $21.35. The company had a trading volume of 110,294 shares, compared to its average volume of 79,546. Global X Variable Rate Preferred ETF has a 12-month low of $21.31 and a 12-month high of $23.11. The company’s fifty day moving average is $21.87 and its 200-day moving average is $22.04.

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.