Cwm LLC Reduces Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Cwm LLC trimmed its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Free Report) by 38.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 5,100 shares of the company’s stock after selling 3,200 shares during the period. Cwm LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $88,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Truist Financial Corp raised its position in VanEck Preferred Securities ex Financials ETF by 1,153.7% during the fourth quarter. Truist Financial Corp now owns 143,549 shares of the company’s stock valued at $2,466,000 after purchasing an additional 132,099 shares during the period. Steward Partners Investment Advisory LLC raised its position in shares of VanEck Preferred Securities ex Financials ETF by 24.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 102,129 shares of the company’s stock valued at $1,755,000 after acquired an additional 19,976 shares during the period. Massmutual Trust Co. FSB ADV raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 3.4% in the first quarter. Massmutual Trust Co. FSB ADV now owns 23,240 shares of the company’s stock valued at $411,000 after purchasing an additional 761 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF by 9.2% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 144,973 shares of the company’s stock worth $2,491,000 after purchasing an additional 12,226 shares during the period. Finally, Fisher Asset Management LLC purchased a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at about $226,000.

Price performance of VanEck Preferred Securities ex Financials ETF

Shares of VanEck Preferred Securities ex Financials ETF stock opened at $17.45 on Monday. The stock has a market cap of $1.62 billion, a PE ratio of 0.59 and a beta of 0.51. The company has a 50-day simple moving average of $17.30 and a 200-day simple moving average of $17.42. VanEck Preferred Securities ex Financials ETF has a 12-month low of $15.58 and a 12-month high of $18.07.

VanEck Preferred Securities ex Financials ETF Company Profile

(Free report)

The VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that invests largely in credit fixed income. The Fund tracks an index consisting of preferred USD-denominated securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial companies are excluded.

See Also

Want to see what other hedge funds own PFXF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF – Free Report).

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