VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC increased its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 303,255 shares of the company’s stock after acquiring an additional 10,667 shares during the period. Sound Income Strategies LLC owned approximately 0.33% of VanEck Preferred Securities ex Financials ETF worth $5,231,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Darwin Wealth Management LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at about $29,000. Decker Retirement Planning Inc. acquired a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $42,000. MeadowBrook Investment Advisors LLC lifted its position in VanEck Preferred Securities ex Financials ETF by 11,741.3% during the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock valued at $136,000 after buying an additional 7,397 shares in the last quarter. Private Trust Co. NA grew its stake in VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock worth $156,000 after buying an additional 1,112 shares during the period. Finally, Meridian Financial Partners LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $196,000.

VanEck Preferred Securities ex Financials ETF Trading Up 0.2 %

NYSEARCA:PFXF opened at $17.56 on Friday. The firm’s fifty day simple moving average is $17.66 and its 200 day simple moving average is $17.76. VanEck Preferred Securities ex Financials ETF has a twelve month low of $16.77 and a twelve month high of $18.45. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51.

VanEck Preferred Securities ex Financials ETF Profile

The VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index comprised of USD denominated preferred securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial firms are excluded.