Bedel Financial Consulting Inc. Has $5.41 Million Stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Bedel Financial Consulting Inc. lowered its holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 226,252 shares of the company’s stock after selling 5,206 shares during the quarter. Global X Variable Rate Preferred ETF comprises about 0.8% of Bedel Financial Consulting Inc.’s investment portfolio, making the stock its 17th largest position. Bedel Financial Consulting Inc.’s holdings in Global X Variable Rate Preferred ETF were worth $5,412,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Acorn Wealth Advisors LLC raised its position in shares of Global X Variable Rate Preferred ETF by 3.5% during the fourth quarter. Acorn Wealth Advisors LLC now owns 12,786 shares of the company’s stock worth $301,000 after purchasing an additional 436 shares during the period. Princeton Global Asset Management LLC lifted its holdings in Global X Variable Rate Preferred ETF by 0.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 88,326 shares of the company’s stock worth $2,082,000 after purchasing an additional 579 shares during the last quarter. FLC Capital Advisors lifted its holdings in Global X Variable Rate Preferred ETF by 12.0% during the 4th quarter. FLC Capital Advisors now owns 21,429 shares of the company’s stock worth $505,000 after purchasing an additional 2,297 shares during the last quarter. CreativeOne Wealth LLC raised its holdings in Global X Variable Rate Preferred ETF by 17.2% in the 3rd quarter. CreativeOne Wealth LLC now owns 17,229 shares of the company’s stock valued at $414,000 after acquiring an additional 2,523 shares in the last quarter. Finally, Private Trust Co. NA raised its holdings in Global X Variable Rate Preferred ETF by 95.3% in the 3rd quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock valued at $162,000 after acquiring an additional 3,280 shares in the last quarter.

Global X Variable Rate Preferred ETF Stock Down 0.4 %

Shares of NYSEARCA PFFV opened at $23.98 on Tuesday. Global X Variable Rate Preferred ETF has a fifty-two week low of $22.92 and a fifty-two week high of $24.48. The business has a fifty day moving average price of $23.88 and a two-hundred day moving average price of $23.98.

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.