VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Purchased by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 9.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,084 shares of the company’s stock after acquiring an additional 5,780 shares during the period. Avidian Wealth Enterprises LLC owned approximately 0.07% of VanEck Preferred Securities ex Financials ETF worth $1,192,000 at the end of the most recent quarter.

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

VanEck Preferred Securities ex Financials ETF Price Performance

NYSEARCA:PFXF opened at $17.29 on Thursday. The stock has a market cap of $1.61 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.45. The stock’s 50-day moving average is $17.51 and its two-hundred day moving average is $17.77.

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.