Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) Holdings Raised by Truist Financial Corp

Truist Financial Corp grew its position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 11.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,303 shares of the company’s stock after acquiring an additional 5,426 shares during the quarter. Truist Financial Corp owned approximately 0.52% of Global X Variable Rate Preferred ETF worth $1,284,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC increased its holdings in shares of Global X Variable Rate Preferred ETF by 28.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 385,656 shares of the company’s stock valued at $9,132,000 after acquiring an additional 84,582 shares during the last quarter. Investment Partners Asset Management Inc. boosted its position in Global X Variable Rate Preferred ETF by 8.5% during the 2nd quarter. Investment Partners Asset Management Inc. now owns 144,961 shares of the company’s stock valued at $3,428,000 after purchasing an additional 11,307 shares during the period. Creative Planning boosted its position in Global X Variable Rate Preferred ETF by 43.6% during the 2nd quarter. Creative Planning now owns 131,089 shares of the company’s stock valued at $3,100,000 after purchasing an additional 39,827 shares during the period. Ausdal Financial Partners Inc. boosted its position in Global X Variable Rate Preferred ETF by 5.1% during 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. Finally, Ironsides Asset Advisors LLC boosted its position in Global X Variable Rate Preferred ETF by 311.6% during the 1st quarter. Ironsides Asset Advisors LLC now owns 50,236 shares of the company’s stock valued at $1,190,000 after purchasing an additional 38,030 shares during the period.

Global X Variable Rate Preferred ETF Stock Performance

NYSEARCA:PFFV opened at $23.99 on Friday. Global X Variable Rate Preferred ETF has a 12-month low of $21.76 and a 12-month high of $24.29. The business has a 50 day simple moving average of $23.85 and a 200 day simple moving average of $23.68.

Global X Variable Rate Preferred ETF 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.