D.A. Davidson & CO. Grows Stock Position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

D.A. Davidson & CO. grew its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,770 shares of the company’s stock after acquiring an additional 1,668 shares during the period. D.A. Davidson & CO. owned about 0.08% of VanEck Preferred Securities ex Financials ETF worth $1,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Darwin Wealth Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF in the 3rd quarter worth $29,000. Decker Retirement Planning Inc. purchased a new position in shares of VanEck Preferred Securities ex Financials ETF in the 4th quarter worth approximately $42,000. MeadowBrook Investment Advisors LLC boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 11,741.3% during the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock valued at $136,000 after buying an additional 7,397 shares during the period. Private Trust Co. NA lifted its position in shares of 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 worth $156,000 after purchasing an additional 1,112 shares during the last quarter. Finally, Meridian Financial Partners LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter valued at approximately $196,000.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF opened at $17.37 on Monday. The company has a 50 day moving average price of $17.44 and a 200-day moving average price of $17.78. The stock 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 has a fifty-two week low of $16.77 and a fifty-two week 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.