Brendel Financial Advisors LLC Has $2.45 Million Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Brendel Financial Advisors LLC cut its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 141,929 shares of the company’s stock after selling 10,627 shares during the period. Brendel Financial Advisors LLC owned about 0.15% of VanEck Preferred Securities ex Financials ETF worth $2,448,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Creekside Partners acquired a new stake in VanEck Preferred Securities ex Financials ETF in the second quarter worth $232,000. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck Preferred Securities ex Financials ETF by 29.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 404,782 shares of the company’s stock worth $7,003,000 after acquiring an additional 93,192 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF by 8.1% during the third quarter. Park Avenue Securities LLC now owns 417,114 shares of the company’s stock worth $7,616,000 after acquiring an additional 31,165 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF by 4.7% during the third quarter. Sound Income Strategies LLC now owns 292,588 shares of the company’s stock worth $5,343,000 after acquiring an additional 13,139 shares in the last quarter. Finally, Insigneo Advisory Services LLC increased its position in shares of VanEck Preferred Securities ex Financials ETF by 74.9% during the second quarter. Insigneo Advisory Services LLC now owns 35,954 shares of the company’s stock worth $612,000 after acquiring an additional 15,392 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Up 0.6 %

Shares of PFXF stock opened at $17.10 on Wednesday. The firm has a fifty day moving average of $17.74 and a 200-day moving average of $17.76. VanEck Preferred Securities ex Financials ETF has a 12-month low of $16.77 and a 12-month high of $18.45. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51.

VanEck Preferred Securities ex Financials ETF 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.