Foguth Wealth Management LLC. Buys 461,722 Shares of Global X Variable Rate Preferred ETF $PFFV

Foguth Wealth Management LLC. raised its position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 220.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 670,995 shares of the company’s stock after acquiring an additional 461,722 shares during the quarter. Global X Variable Rate Preferred ETF makes up about 1.5% of Foguth Wealth Management LLC.’s holdings, making the stock its 23rd biggest holding. Foguth Wealth Management LLC.’s holdings in Global X Variable Rate Preferred ETF were worth $14,400,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Mather Group LLC. acquired a new position in shares of Global X Variable Rate Preferred ETF in the 3rd quarter valued at $371,000. Columbus Macro LLC acquired a new stake in Global X Variable Rate Preferred ETF in the third quarter valued at about $20,953,000. Envestnet Asset Management Inc. lifted its holdings in shares of Global X Variable Rate Preferred ETF by 3.2% in the 2nd 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. Corient Private Wealth LP purchased a new stake in shares of Global X Variable Rate Preferred ETF during the 2nd quarter worth $222,000. Finally, Bedel Financial Consulting Inc. boosted its holdings in Global X Variable Rate Preferred ETF by 2.1% during the second quarter. Bedel Financial Consulting Inc. now owns 169,993 shares of the company’s stock worth $3,745,000 after buying an additional 3,466 shares in the last quarter.

Global X Variable Rate Preferred ETF Stock Performance

Shares of PFFV traded down $0.08 on Monday, reaching $21.38. The stock had a trading volume of 121,183 shares, compared to its average volume of 81,699. Global X Variable Rate Preferred ETF has a twelve month low of $21.31 and a twelve month high of $23.11. The firm has a 50-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.