Acorn Wealth Advisors LLC Has $297,000 Holdings in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV)

Acorn Wealth Advisors LLC increased its position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 16.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 12,350 shares of the company’s stock after purchasing an additional 1,752 shares during the period. Acorn Wealth Advisors LLC’s holdings in Global X Variable Rate Preferred ETF were worth $297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PFFV. Princeton Global Asset Management LLC boosted its position in shares of Global X Variable Rate Preferred ETF by 1.5% in the third quarter. Princeton Global Asset Management LLC now owns 87,747 shares of the company’s stock worth $2,110,000 after buying an additional 1,333 shares during the period. Comerica Bank grew its stake in Global X Variable Rate Preferred ETF by 9.0% during the 1st quarter. Comerica Bank now owns 28,762 shares of the company’s stock valued at $681,000 after acquiring an additional 2,372 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in shares of Global X Variable Rate Preferred ETF by 5.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 54,677 shares of the company’s stock valued at $1,293,000 after purchasing an additional 2,640 shares during the period. Private Trust Co. NA lifted its position in shares of Global X Variable Rate Preferred ETF by 95.3% in the third quarter. Private Trust Co. NA now owns 6,723 shares of the company’s stock worth $162,000 after purchasing an additional 3,280 shares in the last quarter. Finally, Integral Investment Advisors Inc. lifted its position in shares of Global X Variable Rate Preferred ETF by 33.8% in the second quarter. Integral Investment Advisors Inc. now owns 13,322 shares of the company’s stock worth $317,000 after purchasing an additional 3,368 shares in the last quarter.

Global X Variable Rate Preferred ETF Stock Up 0.2 %

Shares of PFFV opened at $24.12 on Tuesday. The company’s 50 day moving average price is $24.09 and its 200 day moving average price is $23.84. Global X Variable Rate Preferred ETF has a 52 week low of $22.74 and a 52 week high of $24.48.

About Global X Variable Rate Preferred ETF

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.