Tanager Wealth Management LLP Grows Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Tanager Wealth Management LLP lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,263,749 shares of the company’s stock after buying an additional 92,448 shares during the period. VanEck Preferred Securities ex Financials ETF makes up about 3.1% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 9th largest holding. Tanager Wealth Management LLP owned about 1.36% of VanEck Preferred Securities ex Financials ETF worth $23,076,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Register Financial Advisors LLC boosted its position in VanEck Preferred Securities ex Financials ETF by 6.5% during the 2nd quarter. Register Financial Advisors LLC now owns 10,114 shares of the company’s stock worth $175,000 after acquiring an additional 614 shares during the period. Geneos Wealth Management Inc. lifted its holdings in VanEck Preferred Securities ex Financials ETF by 3.4% in the first quarter. Geneos Wealth Management Inc. now owns 19,044 shares of the company’s stock worth $337,000 after purchasing an additional 620 shares during the period. Private Advisor Group LLC grew its position in VanEck Preferred Securities ex Financials ETF by 0.4% in the 1st quarter. Private Advisor Group LLC now owns 140,074 shares of the company’s stock valued at $2,478,000 after buying an additional 621 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in VanEck Preferred Securities ex Financials ETF by 6.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 11,809 shares of the company’s stock valued at $209,000 after buying an additional 682 shares during the period. Finally, Midland Wealth Advisors LLC raised its position in shares of VanEck Preferred Securities ex Financials ETF by 1.5% during the 2nd quarter. Midland Wealth Advisors LLC now owns 52,704 shares of the company’s stock worth $912,000 after buying an additional 780 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

VanEck Preferred Securities ex Financials ETF stock opened at $18.12 on Thursday. VanEck Preferred Securities ex Financials ETF has a 12-month low of $15.65 and a 12-month high of $18.45. The stock has a market capitalization of $1.68 billion, a PE ratio of 0.59 and a beta of 0.51. The firm has a 50 day simple moving average of $18.03 and a 200-day simple moving average of $17.56.

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.