Paulson Wealth Management Inc. Has $474,000 Stock Holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Paulson Wealth Management Inc. lessened its stake in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 5.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 19,716 shares of the company’s stock after selling 1,164 shares during the quarter. Paulson Wealth Management Inc.’s holdings in Global X Variable Rate Preferred ETF were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of PFFV. Leslie Global Wealth LLC lifted its stake in shares of Global X Variable Rate Preferred ETF by 6.6% in the third quarter. Leslie Global Wealth LLC now owns 202,006 shares of the company’s stock valued at $4,858,000 after buying an additional 12,559 shares during the period. Princeton Global Asset Management LLC lifted its stake in Global X Variable Rate Preferred ETF by 1.5% during the third quarter. Princeton Global Asset Management LLC now owns 87,747 shares of the company’s stock worth $2,110,000 after purchasing an additional 1,333 shares during the period. Investment Partners Asset Management Inc. lifted its stake in Global X Variable Rate Preferred ETF by 5.1% during the third 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 during the period. West Michigan Advisors LLC bought a new position in Global X Variable Rate Preferred ETF during the third quarter worth about $243,000. Finally, FLC Capital Advisors raised its stake in shares of Global X Variable Rate Preferred ETF by 80.3% in the third quarter. FLC Capital Advisors now owns 19,132 shares of the company’s stock valued at $460,000 after acquiring an additional 8,519 shares during the last quarter.

Global X Variable Rate Preferred ETF Trading Down 0.3 %

NYSEARCA:PFFV opened at $24.06 on Wednesday. Global X Variable Rate Preferred ETF has a 1 year low of $22.54 and a 1 year high of $24.48. The firm has a 50 day moving average of $24.07 and a 200-day moving average of $23.80.

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.