Truist Financial Corp grew its position in shares of Global X Variable Rate Preferred ETF (NYSEARCA:PFFV – Get Rating) by 6.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 100,494 shares of the company's stock after purchasing an additional 6,498 shares during the quarter. Truist Financial Corp owned 2.89% of Global X Variable Rate Preferred ETF worth $2,621,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FSB Premier Wealth Management Inc. acquired a new stake in Global X Variable Rate Preferred ETF during the fourth quarter valued at approximately $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Global X Variable Rate Preferred ETF during the fourth quarter worth $55,000. HBW Advisory Services LLC purchased a new stake in shares of Global X Variable Rate Preferred ETF during the first quarter valued at $205,000. Flagship Harbor Advisors LLC acquired a new position in shares of Global X Variable Rate Preferred ETF in the 1st quarter valued at $213,000. Finally, Private Advisor Group LLC acquired a new stake in Global X Variable Rate Preferred ETF during the 4th quarter worth about $233,000.

Global X Variable Rate Preferred ETF Stock Up 0.8 %

PFFV stock opened at $24.10 on Monday. Global X Variable Rate Preferred ETF has a one year low of $23.45 and a one year high of $28.52. The firm has a 50-day moving average of $24.25 and a two-hundred day moving average of $25.45.

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