MeadowBrook Investment Advisors LLC Grows Stock Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

MeadowBrook Investment Advisors LLC lifted its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 11,741.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,460 shares of the company’s stock after acquiring an additional 7,397 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $136,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PFXF. Register Financial Advisors LLC lifted its stake in shares of 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 purchasing an additional 614 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in VanEck Preferred Securities ex Financials ETF by 6.1% in the first 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 last quarter. Midland Wealth Advisors LLC raised its stake in VanEck Preferred Securities ex Financials ETF by 1.5% in the second quarter. Midland Wealth Advisors LLC now owns 52,704 shares of the company’s stock valued at $912,000 after buying an additional 780 shares during the last quarter. Atria Investments Inc raised its stake in VanEck Preferred Securities ex Financials ETF by 1.8% in the third quarter. Atria Investments Inc now owns 56,206 shares of the company’s stock valued at $1,026,000 after buying an additional 971 shares during the last quarter. Finally, Etesian Wealth Advisors Inc. grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 3.8% during the second quarter. Etesian Wealth Advisors Inc. now owns 41,524 shares of the company’s stock valued at $718,000 after buying an additional 1,506 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

PFXF traded down $0.07 on Thursday, reaching $17.97. 59,472 shares of the stock were exchanged, compared to its average volume of 512,885. The company’s 50-day moving average price is $18.16 and its 200 day moving average price is $17.66. The firm has a market capitalization of $1.67 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 $16.57 and a fifty-two week 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.