Strategic Financial Concepts LLC Acquires Shares of 26,099 VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Strategic Financial Concepts LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 26,099 shares of the company’s stock, valued at approximately $450,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 550,282.6% in the third quarter. International Assets Investment Management LLC now owns 3,852,678 shares of the company’s stock worth $70,350,000 after acquiring an additional 3,851,978 shares during the period. Comprehensive Wealth Management LLC grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 32.6% in the third quarter. Comprehensive Wealth Management LLC now owns 2,251,024 shares of the company’s stock worth $41,104,000 after acquiring an additional 553,529 shares during the period. MML Investors Services LLC grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 19.7% in the third quarter. MML Investors Services LLC now owns 951,891 shares of the company’s stock worth $17,382,000 after acquiring an additional 156,434 shares during the period. Stifel Financial Corp grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 84.7% in the third quarter. Stifel Financial Corp now owns 318,062 shares of the company’s stock worth $5,808,000 after acquiring an additional 145,848 shares during the period. Finally, Tanager Wealth Management LLP grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 7.9% in the third quarter. Tanager Wealth Management LLP now owns 1,263,749 shares of the company’s stock worth $23,076,000 after acquiring an additional 92,448 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Down 0.3 %

Shares of PFXF stock opened at $17.29 on Thursday. The company has a 50 day moving average price of $17.51 and a 200-day moving average price of $17.77. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.77 and a 52 week high of $18.45. The firm 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 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.