34,100 Shares in Global X Variable Rate Preferred ETF $PFFV Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC bought a new position in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,100 shares of the company’s stock, valued at approximately $777,000.

Several other institutional investors have also added to or reduced their stakes in PFFV. CW Advisors LLC increased its stake in Global X Variable Rate Preferred ETF by 240.5% in the 1st quarter. CW Advisors LLC now owns 54,370 shares of the company’s stock worth $1,286,000 after acquiring an additional 38,403 shares during the last quarter. Joseph P. Lucia & Associates LLC grew its holdings in shares of Global X Variable Rate Preferred ETF by 8.5% in the first quarter. Joseph P. Lucia & Associates LLC now owns 13,319 shares of the company’s stock valued at $315,000 after purchasing an additional 1,042 shares in the last quarter. SFI Advisors LLC bought a new stake in Global X Variable Rate Preferred ETF in the first quarter worth $296,000. Howard Wealth Management LLC raised its stake in Global X Variable Rate Preferred ETF by 36.8% during the first quarter. Howard Wealth Management LLC now owns 13,083 shares of the company’s stock valued at $310,000 after purchasing an additional 3,519 shares in the last quarter. Finally, Trajan Wealth LLC bought a new position in Global X Variable Rate Preferred ETF during the first quarter valued at $2,431,000.

Global X Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA:PFFV opened at $23.24 on Friday. The firm has a fifty day simple moving average of $23.14 and a two-hundred day simple moving average of $23.10. Global X Variable Rate Preferred ETF has a 52 week low of $22.25 and a 52 week high of $24.48.

About Global X Variable Rate Preferred ETF

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.