Core Wealth Partners LLC Buys 4,427 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Core Wealth Partners LLC raised its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 24.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,480 shares of the company’s stock after purchasing an additional 4,427 shares during the quarter. Core Wealth Partners LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $388,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PFXF. Decker Retirement Planning Inc. bought a new position in VanEck Preferred Securities ex Financials ETF in the fourth quarter worth about $42,000. Private Trust Co. NA lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 15.0% in the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock valued at $156,000 after purchasing an additional 1,112 shares during the period. IFP Advisors Inc boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 29.1% during the fourth quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock valued at $169,000 after purchasing an additional 2,210 shares in the last quarter. Avantax Advisory Services Inc. purchased a new stake in VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $175,000. Finally, Meridian Financial Partners LLC purchased a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at $196,000.

VanEck Preferred Securities ex Financials ETF Trading Down 0.1 %

Shares of PFXF stock opened at $17.17 on Wednesday. The company’s fifty day moving average price is $17.29 and its 200-day moving average price is $17.71. The stock has a market cap of $1.90 billion, a PE ratio of 0.59 and a beta of 0.70. VanEck Preferred Securities ex Financials ETF has a 12 month low of $16.72 and a 12 month high of $18.45.

About VanEck Preferred Securities ex Financials ETF

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.