Avidian Wealth Enterprises LLC Buys 5,621 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Avidian Wealth Enterprises LLC boosted its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 7.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 83,335 shares of the company’s stock after purchasing an additional 5,621 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $1,427,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Capital Advisors Ltd. LLC bought a new position in VanEck Preferred Securities ex Financials ETF during the second quarter worth about $26,000. DHJJ Financial Advisors Ltd. acquired a new stake in VanEck Preferred Securities ex Financials ETF during the 2nd quarter worth approximately $48,000. Valley National Advisers Inc. bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 1st quarter worth approximately $73,000. AlphaCore Capital LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF in the first quarter valued at approximately $91,000. Finally, Montag A & Associates Inc. lifted its position in shares of VanEck Preferred Securities ex Financials ETF by 24.8% in the first quarter. Montag A & Associates Inc. now owns 7,279 shares of the company’s stock worth $122,000 after purchasing an additional 1,447 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

Shares of NYSEARCA PFXF opened at $17.95 on Wednesday. The stock has a 50 day moving average price of $17.84 and a 200 day moving average price of $17.21. The stock has a market capitalization of $2.00 billion, a PE 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 $18.31.

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.