D.A. Davidson & CO. Has $1.26 Million Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

D.A. Davidson & CO. trimmed its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 3.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,102 shares of the company’s stock after selling 2,641 shares during the period. D.A. Davidson & CO.’s holdings in VanEck Preferred Securities ex Financials ETF were worth $1,262,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC grew its stake in VanEck Preferred Securities ex Financials ETF by 550,282.6% in the 3rd quarter. International Assets Investment Management LLC now owns 3,852,678 shares of the company’s stock valued at $70,350,000 after buying an additional 3,851,978 shares during the last quarter. Comprehensive Wealth Management LLC grew its position in shares of VanEck Preferred Securities ex Financials ETF by 32.6% in the third quarter. Comprehensive Wealth Management LLC now owns 2,251,024 shares of the company’s stock valued at $41,104,000 after purchasing an additional 553,529 shares during the last quarter. LPL Financial LLC increased its stake in shares of VanEck Preferred Securities ex Financials ETF by 4.0% during the second quarter. LPL Financial LLC now owns 2,024,278 shares of the company’s stock worth $35,020,000 after purchasing an additional 77,212 shares during the period. RS Crum Inc. lifted its holdings in VanEck Preferred Securities ex Financials ETF by 0.8% during the 2nd quarter. RS Crum Inc. now owns 1,304,849 shares of the company’s stock worth $22,574,000 after purchasing an additional 9,733 shares during the last quarter. Finally, Tanager Wealth Management LLP boosted its stake in VanEck Preferred Securities ex Financials ETF by 7.9% in the 3rd quarter. Tanager Wealth Management LLP now owns 1,263,749 shares of the company’s stock valued at $23,076,000 after purchasing an additional 92,448 shares during the period.

VanEck Preferred Securities ex Financials ETF Price Performance

PFXF stock opened at $18.01 on Monday. VanEck Preferred Securities ex Financials ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.45. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51. The business’s fifty day moving average price is $18.14 and its two-hundred day moving average price is $17.72.

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.