Comprehensive Wealth Management LLC Lowers Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Comprehensive Wealth Management LLC trimmed its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,206,128 shares of the company’s stock after selling 44,896 shares during the quarter. VanEck Preferred Securities ex Financials ETF comprises about 28.5% of Comprehensive Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Comprehensive Wealth Management LLC owned approximately 2.37% of VanEck Preferred Securities ex Financials ETF worth $38,056,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Private Trust Co. NA increased its position 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 acquiring an additional 1,112 shares during the period. Darwin Wealth Management LLC bought a new position in VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at about $29,000. MassMutual Private Wealth & Trust FSB increased its holdings in VanEck Preferred Securities ex Financials ETF by 7.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 24,065 shares of the company’s stock valued at $415,000 after buying an additional 1,641 shares during the period. D.A. Davidson & CO. increased its holdings in VanEck Preferred Securities ex Financials ETF by 2.4% in the 4th quarter. D.A. Davidson & CO. now owns 70,770 shares of the company’s stock valued at $1,221,000 after buying an additional 1,668 shares during the period. Finally, Signature Wealth Management Group increased its holdings in VanEck Preferred Securities ex Financials ETF by 2.4% in the 4th quarter. Signature Wealth Management Group now owns 77,678 shares of the company’s stock valued at $1,340,000 after buying an additional 1,802 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Down 0.1 %

PFXF stock opened at $17.13 on Friday. VanEck Preferred Securities ex Financials ETF has a 12 month low of $16.72 and a 12 month high of $18.45. The firm has a market cap of $1.89 billion, a P/E ratio of 0.59 and a beta of 0.70. The company’s 50-day moving average price is $17.28 and its two-hundred day moving average price is $17.72.

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.