Delta Capital Management LLC Lowers Holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Delta Capital Management LLC trimmed its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 5.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,400 shares of the company’s stock after selling 2,500 shares during the quarter. Delta Capital Management LLC’s holdings in VanEck Preferred Securities ex Financials ETF were worth $697,000 at the end of the most recent quarter.

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

VanEck Preferred Securities ex Financials ETF Stock Up 0.3 %

Shares of PFXF stock opened at $17.44 on Friday. The company has a 50 day moving average price of $17.69 and a 200-day moving average price of $17.76. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.77 and a 52 week high of $18.45. The firm has a market capitalization of $1.62 billion, a PE ratio of 0.59 and a beta of 0.51.

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.