VanEck Preferred Securities ex Financials ETF $PFXF Position Lowered by Sound Income Strategies LLC

Sound Income Strategies LLC decreased its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 303,103 shares of the company’s stock after selling 8,151 shares during the period. Sound Income Strategies LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $5,189,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. NBC Securities Inc. lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 146,650.0% during the first quarter. NBC Securities Inc. now owns 2,935 shares of the company’s stock worth $49,000 after purchasing an additional 2,933 shares during the last quarter. Valley National Advisers Inc. bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the first quarter worth about $73,000. AlphaCore Capital LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the first quarter worth about $91,000. Montag A & Associates Inc. lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 24.8% during the first quarter. Montag A & Associates Inc. now owns 7,279 shares of the company’s stock worth $122,000 after purchasing an additional 1,447 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 24.6% during the first quarter. IFP Advisors Inc now owns 12,214 shares of the company’s stock worth $205,000 after purchasing an additional 2,412 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF stock opened at $17.88 on Monday. VanEck Preferred Securities ex Financials ETF has a one year low of $15.28 and a one year high of $18.45. The company’s 50-day simple moving average is $17.71 and its 200-day simple moving average is $17.10. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62.

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.