Tanager Wealth Management LLP Purchases 144,310 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Tanager Wealth Management LLP boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 12.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,286,346 shares of the company’s stock after acquiring an additional 144,310 shares during the period. VanEck Preferred Securities ex Financials ETF makes up approximately 2.4% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 12th largest holding. Tanager Wealth Management LLP owned 1.16% of VanEck Preferred Securities ex Financials ETF worth $22,858,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC raised its holdings in VanEck Preferred Securities ex Financials ETF by 4.9% during the 2nd quarter. MML Investors Services LLC now owns 1,187,758 shares of the company’s stock worth $20,334,000 after buying an additional 55,727 shares during the period. Good Steward Wealth Advisors LLC boosted its stake in VanEck Preferred Securities ex Financials ETF by 128.1% in the 2nd quarter. Good Steward Wealth Advisors LLC now owns 498,682 shares of the company’s stock worth $8,537,000 after purchasing an additional 280,033 shares during the period. Carmel Capital Partners LLC raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 7.7% in the 2nd quarter. Carmel Capital Partners LLC now owns 494,913 shares of the company’s stock valued at $8,473,000 after purchasing an additional 35,518 shares during the period. Park Avenue Securities LLC lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 20.1% in the third quarter. Park Avenue Securities LLC now owns 373,812 shares of the company’s stock valued at $6,643,000 after purchasing an additional 62,551 shares in the last quarter. Finally, Silver Coast Investments LLC boosted its position in shares of VanEck Preferred Securities ex Financials ETF by 1.4% during the second quarter. Silver Coast Investments LLC now owns 288,427 shares of the company’s stock worth $4,938,000 after buying an additional 3,996 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of VanEck Preferred Securities ex Financials ETF stock opened at $18.14 on Friday. The firm has a market cap of $2.09 billion, a PE ratio of 0.59 and a beta of 0.60. The business’s 50 day simple moving average is $17.67 and its 200 day simple moving average is $17.68. VanEck Preferred Securities ex Financials ETF has a 52-week low of $15.28 and a 52-week high of $18.16.

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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.