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

Acorn Wealth Advisors LLC lifted its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 20.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,995 shares of the company’s stock after buying an additional 2,685 shares during the period. Acorn Wealth Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $292,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PFXF. Darwin Wealth Management LLC bought a new stake in VanEck Preferred Securities ex Financials ETF in the third quarter worth about $29,000. MeadowBrook Investment Advisors LLC lifted its stake in 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 valued at $136,000 after purchasing an additional 7,397 shares during the last quarter. Private Trust Co. NA grew its holdings in VanEck Preferred Securities ex Financials ETF by 15.0% during the third quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock valued at $156,000 after purchasing an additional 1,112 shares during the period. Register Financial Advisors LLC increased its position in VanEck Preferred Securities ex Financials ETF by 6.5% in the second quarter. Register Financial Advisors LLC now owns 10,114 shares of the company’s stock worth $175,000 after buying an additional 614 shares during the last quarter. Finally, Burke & Herbert Bank & Trust Co. bought a new stake in shares of VanEck Preferred Securities ex Financials ETF in the second quarter valued at $185,000.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of NYSEARCA PFXF opened at $18.09 on Tuesday. The business’s fifty day moving average price is $18.17 and its 200-day moving average price is $17.70. VanEck Preferred Securities ex Financials ETF has a one year low of $16.66 and a one year 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.

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.