Wealthcare Advisory Partners LLC Raises Stock Position in VanEck Preferred Securities ex Financials ETF $PFXF

Wealthcare Advisory Partners LLC grew its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 10.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 214,581 shares of the company’s stock after purchasing an additional 20,935 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $3,674,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PFXF. NBC Securities Inc. lifted its holdings in VanEck Preferred Securities ex Financials ETF by 146,650.0% during the 1st quarter. NBC Securities Inc. now owns 2,935 shares of the company’s stock worth $49,000 after buying an additional 2,933 shares in the last quarter. Meridian Financial Partners LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF by 178.2% during the first quarter. Meridian Financial Partners LLC now owns 31,639 shares of the company’s stock worth $530,000 after acquiring an additional 20,268 shares during the period. Sound Income Strategies LLC raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 2.6% in the first quarter. Sound Income Strategies LLC now owns 311,254 shares of the company’s stock valued at $5,217,000 after acquiring an additional 7,999 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF by 26.2% in the first quarter. Janney Montgomery Scott LLC now owns 27,922 shares of the company’s stock valued at $468,000 after purchasing an additional 5,789 shares during the period. Finally, Sowell Financial Services LLC grew its stake in VanEck Preferred Securities ex Financials ETF by 7.1% during the 1st quarter. Sowell Financial Services LLC now owns 46,530 shares of the company’s stock worth $780,000 after purchasing an additional 3,070 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of NYSEARCA PFXF opened at $17.98 on Monday. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62. The stock’s 50-day moving average is $17.74 and its two-hundred day moving average is $17.13. VanEck Preferred Securities ex Financials ETF has a 1-year low of $15.28 and a 1-year high of $18.43.

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.