Tanager Wealth Management LLP Sells 40,539 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Tanager Wealth Management LLP lowered its stake in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 4.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 914,631 shares of the company’s stock after selling 40,539 shares during the quarter. VanEck Preferred Securities ex Financials ETF comprises approximately 2.9% of Tanager Wealth Management LLP’s holdings, making the stock its 11th largest holding. Tanager Wealth Management LLP’s holdings in VanEck Preferred Securities ex Financials ETF were worth $15,713,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Roman Butler Fullerton & Co. grew its holdings in VanEck Preferred Securities ex Financials ETF by 19.3% during the 4th quarter. Roman Butler Fullerton & Co. now owns 41,774 shares of the company’s stock valued at $733,000 after buying an additional 6,771 shares in the last quarter. Wealth Alliance grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 23.3% in the fourth quarter. Wealth Alliance now owns 46,309 shares of the company’s stock valued at $796,000 after purchasing an additional 8,750 shares in the last quarter. Investors Research Corp increased its position in VanEck Preferred Securities ex Financials ETF by 10.0% in the fourth quarter. Investors Research Corp now owns 105,440 shares of the company’s stock worth $1,811,000 after purchasing an additional 9,547 shares during the last quarter. Perigon Wealth Management LLC purchased a new stake in VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at $262,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 3.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 18,424 shares of the company’s stock worth $317,000 after buying an additional 700 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

Shares of VanEck Preferred Securities ex Financials ETF stock traded up $0.12 during trading hours on Friday, reaching $16.99. The company’s stock had a trading volume of 401,137 shares, compared to its average volume of 532,854. VanEck Preferred Securities ex Financials ETF has a one year low of $15.58 and a one year high of $18.07. The firm has a 50 day moving average price of $17.57 and a 200-day moving average price of $17.08. The stock has a market cap of $1.57 billion, a P/E 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.