Cassady Wealth & Retirement Planning LLC Has $1.36 Million Position in VanEck Preferred Securities ex Financials ETF $PFXF

Cassady Wealth & Retirement Planning LLC lifted its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 77.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 73,605 shares of the company’s stock after buying an additional 32,055 shares during the period. Cassady Wealth & Retirement Planning LLC owned about 0.06% of VanEck Preferred Securities ex Financials ETF worth $1,362,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in VanEck Preferred Securities ex Financials ETF in the 4th quarter valued at approximately $38,000. High Point Wealth Management LLC acquired a new position in shares of VanEck Preferred Securities ex Financials ETF in the fourth quarter valued at $50,000. JPMorgan Chase & Co. raised its stake in shares of VanEck Preferred Securities ex Financials ETF by 1,338.7% in the third quarter. JPMorgan Chase & Co. now owns 2,935 shares of the company’s stock valued at $52,000 after purchasing an additional 2,731 shares in the last quarter. Darwin Wealth Management LLC bought a new position in VanEck Preferred Securities ex Financials ETF in the second quarter worth $61,000. Finally, Rossmore Private Capital bought a new position in VanEck Preferred Securities ex Financials ETF in the first quarter worth $70,000.

VanEck Preferred Securities ex Financials ETF Price Performance

PFXF opened at $17.32 on Thursday. The company has a market capitalization of $2.37 billion, a P/E ratio of 0.59 and a beta of 0.62. The firm’s fifty day moving average price is $18.09 and its two-hundred day moving average price is $18.16. VanEck Preferred Securities ex Financials ETF has a fifty-two week low of $17.03 and a fifty-two week high of $19.07.

About VanEck Preferred Securities ex Financials ETF

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.