Thrivent Financial for Lutherans Cuts Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Thrivent Financial for Lutherans cut its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 29.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 24,289 shares of the company’s stock after selling 10,277 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck Preferred Securities ex Financials ETF were worth $444,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. OneDigital Investment Advisors LLC bought a new stake in VanEck Preferred Securities ex Financials ETF in the 3rd quarter worth approximately $394,000. MeadowBrook Investment Advisors LLC grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 11,741.3% in the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock worth $136,000 after acquiring an additional 7,397 shares during the period. Comprehensive Wealth Management LLC increased its position in VanEck Preferred Securities ex Financials ETF by 32.6% during the third quarter. Comprehensive Wealth Management LLC now owns 2,251,024 shares of the company’s stock valued at $41,104,000 after acquiring an additional 553,529 shares during the last quarter. Fortis Capital Management LLC lifted its holdings in VanEck Preferred Securities ex Financials ETF by 5.0% in the third quarter. Fortis Capital Management LLC now owns 203,761 shares of the company’s stock valued at $3,721,000 after acquiring an additional 9,746 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in VanEck Preferred Securities ex Financials ETF by 2.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 206,290 shares of the company’s stock worth $3,767,000 after purchasing an additional 4,709 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Up 0.1 %

Shares of NYSEARCA:PFXF opened at $17.88 on Friday. The stock has a market capitalization of $1.66 billion, a PE ratio of 0.59 and a beta of 0.51. The firm’s 50 day moving average price is $18.10 and its 200-day moving average price is $17.73. VanEck Preferred Securities ex Financials ETF has a twelve month low of $16.77 and a twelve month high of $18.45.

About VanEck Preferred Securities ex Financials ETF

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.