Princeton Global Asset Management LLC Grows Stock Holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Princeton Global Asset Management LLC increased its stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 88,326 shares of the company’s stock after purchasing an additional 579 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Global X Variable Rate Preferred ETF were worth $2,082,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Leslie Global Wealth LLC raised its holdings in Global X Variable Rate Preferred ETF by 6.6% in the 3rd quarter. Leslie Global Wealth LLC now owns 202,006 shares of the company’s stock worth $4,858,000 after purchasing an additional 12,559 shares during the period. Creative Planning boosted its position in shares of Global X Variable Rate Preferred ETF by 31.1% during the third quarter. Creative Planning now owns 171,806 shares of the company’s stock worth $4,132,000 after acquiring an additional 40,717 shares during the last quarter. Investment Partners Asset Management Inc. lifted its stake in Global X Variable Rate Preferred ETF by 5.1% in the 3rd quarter. Investment Partners Asset Management Inc. now owns 152,293 shares of the company’s stock worth $3,663,000 after purchasing an additional 7,332 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Global X Variable Rate Preferred ETF by 298.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 83,317 shares of the company’s stock valued at $1,964,000 after purchasing an additional 62,411 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Global X Variable Rate Preferred ETF in the second quarter worth about $1,749,000.

Global X Variable Rate Preferred ETF Price Performance

Shares of Global X Variable Rate Preferred ETF stock opened at $23.95 on Monday. The stock has a 50 day moving average of $23.92 and a 200 day moving average of $23.92. Global X Variable Rate Preferred ETF has a 12 month low of $22.92 and a 12 month high of $24.48.

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.