Jones Financial Companies Lllp Purchases 54,285 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Jones Financial Companies Lllp boosted its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 109.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,766 shares of the company’s stock after buying an additional 54,285 shares during the period. Jones Financial Companies Lllp owned approximately 0.11% of VanEck Preferred Securities ex Financials ETF worth $1,790,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PFXF. Darwin Wealth Management LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 3rd quarter valued at approximately $29,000. Decker Retirement Planning Inc. bought a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at $42,000. MeadowBrook Investment Advisors LLC grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 11,741.3% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock worth $136,000 after buying an additional 7,397 shares in the last quarter. Private Trust Co. NA increased its holdings 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 worth $156,000 after buying an additional 1,112 shares during the last quarter. Finally, IFP Advisors Inc raised its position in shares of VanEck Preferred Securities ex Financials ETF by 29.1% during the 4th quarter. IFP Advisors Inc now owns 9,802 shares of the company’s stock valued at $169,000 after buying an additional 2,210 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Down 0.7 %

Shares of NYSEARCA:PFXF opened at $16.96 on Friday. The company has a 50-day moving average price of $17.36 and a 200 day moving average price of $17.78. VanEck Preferred Securities ex Financials ETF has a 12 month low of $16.77 and a 12 month high of $18.45. The company has a market cap of $1.58 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.