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

Bedel Financial Consulting Inc. decreased its stake in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 2.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 226,252 shares of the company’s stock after selling 5,206 shares during the quarter. Global X Variable Rate Preferred ETF accounts for about 0.8% of Bedel Financial Consulting Inc.’s investment portfolio, making the stock its 17th largest holding. Bedel Financial Consulting Inc. owned 2.16% of Global X Variable Rate Preferred ETF worth $5,412,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of PFFV. Leslie Global Wealth LLC boosted its position in Global X Variable Rate Preferred ETF by 6.6% during the 3rd quarter. Leslie Global Wealth LLC now owns 202,006 shares of the company’s stock worth $4,858,000 after acquiring an additional 12,559 shares during the period. Investment Partners Asset Management Inc. raised its stake in shares of Global X Variable Rate Preferred ETF by 4.4% in the 4th quarter. Investment Partners Asset Management Inc. now owns 159,030 shares of the company’s stock valued at $3,749,000 after acquiring an additional 6,737 shares in the last quarter. Princeton Global Asset Management LLC raised its stake in shares of Global X Variable Rate Preferred ETF by 0.7% in the 4th quarter. Princeton Global Asset Management LLC now owns 88,326 shares of the company’s stock valued at $2,082,000 after acquiring an additional 579 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Global X Variable Rate Preferred ETF by 298.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 83,317 shares of the company’s stock worth $1,964,000 after buying an additional 62,411 shares during the period. Finally, Rockefeller Capital Management L.P. increased its position in Global X Variable Rate Preferred ETF by 6.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 56,436 shares of the company’s stock worth $1,357,000 after buying an additional 3,388 shares during the period.

Global X Variable Rate Preferred ETF Stock Down 0.4 %

Shares of NYSEARCA PFFV opened at $23.98 on Tuesday. The business’s 50 day moving average is $23.88 and its two-hundred day moving average is $23.98. Global X Variable Rate Preferred ETF has a 12 month low of $22.92 and a 12 month high of $24.48.

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.