Bartlett & CO. Wealth Management LLC Decreases Stock Holdings in VanEck Preferred Securities ex Financials ETF $PFXF

Bartlett & CO. Wealth Management LLC lessened its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 6.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,131 shares of the company’s stock after selling 1,450 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $379,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Advisory Alpha LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF during the first quarter valued at $309,000. Janney Montgomery Scott LLC grew its position in shares of VanEck Preferred Securities ex Financials ETF by 26.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,922 shares of the company’s stock valued at $468,000 after acquiring an additional 5,789 shares during the period. Envestnet Asset Management Inc. increased its position in shares of VanEck Preferred Securities ex Financials ETF by 5.3% in the first quarter. Envestnet Asset Management Inc. now owns 579,369 shares of the company’s stock valued at $9,710,000 after buying an additional 28,975 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in VanEck Preferred Securities ex Financials ETF by 0.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 163,490 shares of the company’s stock worth $2,740,000 after acquiring an additional 1,320 shares during the period. Finally, NBC Securities Inc. lifted its stake in VanEck Preferred Securities ex Financials ETF by 146,650.0% in the 1st quarter. NBC Securities Inc. now owns 2,935 shares of the company’s stock valued at $49,000 after buying an additional 2,933 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of PFXF opened at $17.93 on Friday. The stock has a 50 day moving average price of $17.73 and a 200 day moving average price of $17.12. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a one year low of $15.28 and a one year high of $18.43.

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.