LPL Financial LLC Buys 34,281 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

LPL Financial LLC grew its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 1.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,170,656 shares of the company’s stock after buying an additional 34,281 shares during the period. LPL Financial LLC owned approximately 2.34% of VanEck Preferred Securities ex Financials ETF worth $37,444,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. RS Crum Inc. lifted its holdings in VanEck Preferred Securities ex Financials ETF by 3.0% in the 4th quarter. RS Crum Inc. now owns 1,388,371 shares of the company’s stock worth $23,949,000 after purchasing an additional 40,197 shares during the last quarter. Signature Wealth Management Group boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 2.4% during the 4th quarter. Signature Wealth Management Group now owns 77,678 shares of the company’s stock worth $1,340,000 after buying an additional 1,802 shares during the period. Commonwealth Equity Services LLC grew its stake in VanEck Preferred Securities ex Financials ETF by 2.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 456,616 shares of the company’s stock valued at $7,877,000 after buying an additional 8,751 shares during the last quarter. Avantax Advisory Services Inc. bought a new position in VanEck Preferred Securities ex Financials ETF in the 4th quarter worth $175,000. Finally, Farther Finance Advisors LLC raised its holdings in VanEck Preferred Securities ex Financials ETF by 2,891.8% in the 4th quarter. Farther Finance Advisors LLC now owns 25,430 shares of the company’s stock worth $439,000 after acquiring an additional 24,580 shares during the period.

VanEck Preferred Securities ex Financials ETF Price Performance

PFXF stock opened at $16.89 on Friday. VanEck Preferred Securities ex Financials ETF has a 52-week low of $16.72 and a 52-week high of $18.45. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 0.59 and a beta of 0.70. The company has a 50-day moving average of $17.27 and a two-hundred day moving average of $17.70.

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.