Etesian Wealth Advisors Inc. Sells 1,767 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Etesian Wealth Advisors Inc. cut its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 3.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,977 shares of the company’s stock after selling 1,767 shares during the period. Etesian Wealth Advisors Inc. owned approximately 0.05% of VanEck Preferred Securities ex Financials ETF worth $941,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Park Avenue Securities LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 2nd quarter worth about $5,329,000. LPL Financial LLC lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 13.1% during the 1st quarter. LPL Financial LLC now owns 2,455,663 shares of the company’s stock worth $41,157,000 after acquiring an additional 285,007 shares during the period. Good Steward Wealth Advisors LLC lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 128.1% during the 2nd quarter. Good Steward Wealth Advisors LLC now owns 498,682 shares of the company’s stock worth $8,537,000 after acquiring an additional 280,033 shares during the period. Castlekeep Investment Advisors LLC lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 939.3% during the 1st quarter. Castlekeep Investment Advisors LLC now owns 134,183 shares of the company’s stock worth $2,249,000 after acquiring an additional 121,272 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 59.6% during the 1st quarter. Concurrent Investment Advisors LLC now owns 319,061 shares of the company’s stock worth $5,347,000 after acquiring an additional 119,111 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

NYSEARCA:PFXF opened at $17.90 on Friday. The company has a 50-day moving average of $17.78 and a 200-day moving average of $17.15. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a 52 week low of $15.28 and a 52 week 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.