Register Financial Advisors LLC Boosts Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Register Financial Advisors LLC raised its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 691.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,500 shares of the company’s stock after purchasing an additional 8,300 shares during the quarter. Register Financial Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $168,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pasadena Private Wealth LLC raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 6.3% in the 1st quarter. Pasadena Private Wealth LLC now owns 14,519 shares of the company’s stock valued at $257,000 after buying an additional 865 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 3.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 149,288 shares of the company’s stock valued at $2,641,000 after buying an additional 4,315 shares during the period. Future Financial Wealth Managment LLC raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 4.1% in the 1st quarter. Future Financial Wealth Managment LLC now owns 164,908 shares of the company’s stock valued at $2,917,000 after buying an additional 6,475 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 51.8% in the 1st quarter. Sunbelt Securities Inc. now owns 14,654 shares of the company’s stock valued at $259,000 after buying an additional 5,000 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 9.4% in the 1st quarter. Sound Income Strategies LLC now owns 260,543 shares of the company’s stock valued at $4,609,000 after buying an additional 22,372 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

PFXF stock opened at $17.30 on Friday. The company has a market capitalization of $1.61 billion, a PE ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 12-month low of $15.58 and a 12-month high of $18.07. The business’s fifty day moving average price is $17.36 and its 200 day moving average price is $17.43.

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.