Global X Variable Rate Preferred ETF $PFFV Stake Increased by Investment Partners Asset Management Inc.

Posted by Sarita Garza on Apr 1st, 2026

Investment Partners Asset Management Inc. raised its stake in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Free Report) by 12.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 234,301 shares of the company’s stock after buying an additional 25,180 shares during the quarter. Global X Variable Rate Preferred ETF comprises 3.2% of Investment Partners Asset Management Inc.’s portfolio, making the stock its 5th largest holding. Investment Partners Asset Management Inc. owned approximately 1.77% of Global X Variable Rate Preferred ETF worth $5,206,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of PFFV. JPMorgan Chase & Co. purchased a new stake in shares of Global X Variable Rate Preferred ETF in the second quarter worth about $406,000. CW Advisors LLC grew its stake in Global X Variable Rate Preferred ETF by 198.3% during the second quarter. CW Advisors LLC now owns 162,187 shares of the company’s stock valued at $3,698,000 after acquiring an additional 107,817 shares in the last quarter. Diversify Wealth Management LLC bought a new stake in Global X Variable Rate Preferred ETF during the 2nd quarter worth approximately $367,000. Raymond James Financial Inc. increased its holdings in Global X Variable Rate Preferred ETF by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 60,553 shares of the company’s stock worth $1,381,000 after acquiring an additional 880 shares during the period. Finally, Bank of America Corp DE lifted its stake in Global X Variable Rate Preferred ETF by 7.0% in the 2nd quarter. Bank of America Corp DE now owns 257,112 shares of the company’s stock worth $5,862,000 after purchasing an additional 16,712 shares in the last quarter.

Global X Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA:PFFV opened at $21.83 on Wednesday. The firm has a fifty day moving average price of $22.39 and a two-hundred day moving average price of $22.63. Global X Variable Rate Preferred ETF has a one year low of $21.80 and a one year high of $23.66.

Global X Variable Rate Preferred ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.1313 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date was Monday, March 2nd.

Global X Variable Rate Preferred ETF Profile

(Free Report)

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.