VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Shares Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 1.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 191,396 shares of the company’s stock after buying an additional 1,837 shares during the period. Sax Wealth Advisors LLC owned approximately 0.21% of VanEck Preferred Securities ex Financials ETF worth $3,302,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PFXF. Creekside Partners acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the second quarter worth $232,000. Northwestern Mutual Wealth Management Co. increased its holdings in VanEck Preferred Securities ex Financials ETF by 29.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 404,782 shares of the company’s stock valued at $7,003,000 after purchasing an additional 93,192 shares in the last quarter. Sound Income Strategies LLC raised its position in VanEck Preferred Securities ex Financials ETF by 4.7% in the third quarter. Sound Income Strategies LLC now owns 292,588 shares of the company’s stock valued at $5,343,000 after purchasing an additional 13,139 shares during the period. Park Avenue Securities LLC lifted its stake 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 purchasing an additional 31,165 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 74.9% in the second quarter. Insigneo Advisory Services LLC now owns 35,954 shares of the company’s stock worth $612,000 after buying an additional 15,392 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

PFXF stock opened at $17.44 on Friday. The stock has a 50-day simple moving average of $17.69 and a 200-day simple moving average of $17.75. The firm has a market cap of $1.62 billion, a P/E ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 1 year low of $16.77 and a 1 year high of $18.45.

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.