Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) Stake Reduced by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its stake in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 88.8% in the third quarter, Holdings Channel.com reports. The fund owned 8,448 shares of the company’s stock after selling 66,925 shares during the quarter. Sanctuary Advisors LLC’s holdings in Global X Variable Rate Preferred ETF were worth $203,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PFFV. Leslie Global Wealth LLC raised its stake 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 valued at $4,858,000 after purchasing an additional 12,559 shares during the period. Rockefeller Capital Management L.P. raised its position in Global X Variable Rate Preferred ETF by 6.4% during the third quarter. Rockefeller Capital Management L.P. now owns 56,436 shares of the company’s stock valued at $1,357,000 after acquiring an additional 3,388 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Global X Variable Rate Preferred ETF during the 2nd quarter worth $212,000. Ausdal Financial Partners Inc. lifted its stake 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 last quarter. Finally, Truist Financial Corp boosted its holdings in Global X Variable Rate Preferred ETF by 11.1% in the second quarter. Truist Financial Corp now owns 54,303 shares of the company’s stock worth $1,284,000 after purchasing an additional 5,426 shares in the last quarter.

Global X Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA PFFV opened at $23.73 on Monday. The business’s 50-day simple moving average is $24.07 and its 200-day simple moving average is $23.90. Global X Variable Rate Preferred ETF has a 52 week low of $22.92 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.