OneDigital Investment Advisors LLC bought a new stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,564 shares of the company’s stock, valued at approximately $394,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in PFXF. Creekside Partners bought a new stake in shares of VanEck Preferred Securities ex Financials ETF in the 2nd quarter valued at about $232,000. Northwestern Mutual Wealth Management Co. increased its stake in VanEck Preferred Securities ex Financials ETF by 29.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 404,782 shares of the company’s stock valued at $7,003,000 after purchasing an additional 93,192 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in VanEck Preferred Securities ex Financials ETF by 5.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,254,471 shares of the company’s stock worth $21,702,000 after purchasing an additional 65,109 shares during the period. Park Avenue Securities LLC raised its holdings in VanEck Preferred Securities ex Financials ETF by 8.1% in the third quarter. Park Avenue Securities LLC now owns 417,114 shares of the company’s stock worth $7,616,000 after purchasing an additional 31,165 shares during the period. Finally, Sound Income Strategies LLC boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 4.7% during the third quarter. Sound Income Strategies LLC now owns 292,588 shares of the company’s stock worth $5,343,000 after purchasing an additional 13,139 shares in the last quarter.
VanEck Preferred Securities ex Financials ETF Price Performance
Shares of VanEck Preferred Securities ex Financials ETF stock opened at $17.99 on Friday. The company has a market capitalization of $1.67 billion, a P/E ratio of 0.59 and a beta of 0.51. The business has a 50-day moving average of $18.17 and a two-hundred day moving average of $17.69. VanEck Preferred Securities ex Financials ETF has a 1 year low of $16.57 and a 1 year high of $18.45.
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.
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