Howard Wealth Management LLC Grows Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Howard Wealth Management LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 31.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,646 shares of the company’s stock after purchasing an additional 20,297 shares during the quarter. Howard Wealth Management LLC owned about 0.09% of VanEck Preferred Securities ex Financials ETF worth $1,477,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PFXF. International Assets Investment Management LLC raised its position in VanEck Preferred Securities ex Financials ETF by 550,282.6% in the 3rd quarter. International Assets Investment Management LLC now owns 3,852,678 shares of the company’s stock valued at $70,350,000 after purchasing an additional 3,851,978 shares during the last quarter. Comprehensive Wealth Management LLC increased its stake in VanEck Preferred Securities ex Financials ETF by 32.6% in the 3rd quarter. Comprehensive Wealth Management LLC now owns 2,251,024 shares of the company’s stock valued at $41,104,000 after buying an additional 553,529 shares during the period. MML Investors Services LLC increased its stake in VanEck Preferred Securities ex Financials ETF by 19.7% in the 3rd quarter. MML Investors Services LLC now owns 951,891 shares of the company’s stock valued at $17,382,000 after buying an additional 156,434 shares during the period. Stifel Financial Corp increased its stake in VanEck Preferred Securities ex Financials ETF by 84.7% in the 3rd quarter. Stifel Financial Corp now owns 318,062 shares of the company’s stock valued at $5,808,000 after buying an additional 145,848 shares during the period. Finally, Tanager Wealth Management LLP increased its stake in VanEck Preferred Securities ex Financials ETF by 7.9% in the 3rd quarter. Tanager Wealth Management LLP now owns 1,263,749 shares of the company’s stock valued at $23,076,000 after buying an additional 92,448 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF opened at $17.44 on Friday. The stock has a market capitalization of $1.62 billion, a P/E ratio of 0.59 and a beta of 0.51. The company’s fifty day moving average is $17.49 and its two-hundred day moving average is $17.77. VanEck Preferred Securities ex Financials ETF has a 1 year low of $16.77 and a 1 year high of $18.45.

VanEck Preferred Securities ex Financials ETF Company 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.