Etesian Wealth Advisors Inc. Increases Stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Etesian Wealth Advisors Inc. lifted its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 9.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 49,042 shares of the company’s stock after buying an additional 4,186 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in VanEck Preferred Securities ex Financials ETF were worth $846,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PFXF. Darwin Wealth Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF in the 3rd quarter worth $29,000. Decker Retirement Planning Inc. bought a new position in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at approximately $42,000. MeadowBrook Investment Advisors LLC boosted its stake in VanEck Preferred Securities ex Financials ETF by 11,741.3% during the third quarter. MeadowBrook Investment Advisors LLC now owns 7,460 shares of the company’s stock valued at $136,000 after buying an additional 7,397 shares during the last quarter. Private Trust Co. NA grew its holdings in VanEck Preferred Securities ex Financials ETF by 15.0% during the 3rd quarter. Private Trust Co. NA now owns 8,528 shares of the company’s stock valued at $156,000 after buying an additional 1,112 shares in the last quarter. Finally, Meridian Financial Partners LLC bought a new stake in VanEck Preferred Securities ex Financials ETF in the 4th quarter worth approximately $196,000.

VanEck Preferred Securities ex Financials ETF Stock Performance

NYSEARCA PFXF opened at $17.41 on Thursday. The stock has a 50 day moving average price of $17.57 and a 200-day moving average price of $17.77. VanEck Preferred Securities ex Financials ETF has a one year low of $16.77 and a one year high of $18.45. The company has a market capitalization of $1.62 billion, a P/E ratio of 0.59 and a beta of 0.51.

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.