Grandview Asset Management LLC Decreases Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Grandview Asset Management LLC lessened its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,771 shares of the company’s stock after selling 671 shares during the quarter. Grandview Asset Management LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $233,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 3.4% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 23,240 shares of the company’s stock valued at $411,000 after acquiring an additional 761 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at $226,000. B. Riley Wealth Advisors Inc. bought a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at $694,000. Register Financial Advisors LLC grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 691.7% in the 1st quarter. Register Financial Advisors LLC now owns 9,500 shares of the company’s stock worth $168,000 after buying an additional 8,300 shares in the last quarter. Finally, Avidian Wealth Solutions LLC increased its holdings in shares of VanEck Preferred Securities ex Financials ETF by 78.7% in the 1st quarter. Avidian Wealth Solutions LLC now owns 51,718 shares of the company’s stock worth $915,000 after buying an additional 22,777 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of NYSEARCA PFXF traded down $0.02 during mid-day trading on Friday, hitting $18.20. 706,769 shares of the company’s stock traded hands, compared to its average volume of 525,650. VanEck Preferred Securities ex Financials ETF has a 1 year low of $15.58 and a 1 year high of $18.45. The company’s 50-day moving average is $17.76 and its two-hundred day moving average is $17.52. The company has a market capitalization of $1.69 billion, a P/E ratio of 0.59 and a beta of 0.51.

VanEck Preferred Securities ex Financials ETF Company 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.