CreativeOne Wealth LLC Grows Stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

CreativeOne Wealth LLC grew its position in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 17.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,229 shares of the company’s stock after purchasing an additional 2,523 shares during the period. CreativeOne Wealth LLC’s holdings in Global X Variable Rate Preferred ETF were worth $414,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new position in shares of Global X Variable Rate Preferred ETF during the second quarter valued at about $1,749,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Global X Variable Rate Preferred ETF during the second quarter valued at approximately $1,136,000. Creative Planning grew its position in Global X Variable Rate Preferred ETF by 31.1% during the 3rd quarter. Creative Planning now owns 171,806 shares of the company’s stock valued at $4,132,000 after purchasing an additional 40,717 shares during the last quarter. Cetera Advisors LLC grew its holdings in shares of Global X Variable Rate Preferred ETF by 366.8% during the first quarter. Cetera Advisors LLC now owns 41,989 shares of the company’s stock valued at $994,000 after buying an additional 32,993 shares during the last quarter. Finally, Segall Bryant & Hamill LLC bought a new stake in shares of Global X Variable Rate Preferred ETF in the 3rd quarter worth $303,000.

Global X Variable Rate Preferred ETF Trading Up 1.2 %

Shares of PFFV stock opened at $24.42 on Monday. The company has a 50 day moving average price of $24.10 and a 200-day moving average price of $23.86. Global X Variable Rate Preferred ETF has a 52 week low of $22.83 and a 52 week 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.