43,680 Shares in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) Acquired by Guild Investment Management Inc.

Guild Investment Management Inc. bought a new position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 43,680 shares of the company’s stock, valued at approximately $753,000. VanEck Preferred Securities ex Financials ETF comprises about 0.8% of Guild Investment Management Inc.’s portfolio, making the stock its 29th biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Atria Investments Inc grew its stake in VanEck Preferred Securities ex Financials ETF by 1.8% during the 3rd quarter. Atria Investments Inc now owns 56,206 shares of the company’s stock worth $1,026,000 after purchasing an additional 971 shares in the last quarter. Apollon Wealth Management LLC increased its position in VanEck Preferred Securities ex Financials ETF by 65.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 76,714 shares of the company’s stock worth $1,401,000 after purchasing an additional 30,348 shares during the period. Harbour Investments Inc. increased its position in VanEck Preferred Securities ex Financials ETF by 5,666.7% during the 3rd quarter. Harbour Investments Inc. now owns 17,300 shares of the company’s stock worth $316,000 after purchasing an additional 17,000 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 2.3% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 206,290 shares of the company’s stock worth $3,767,000 after acquiring an additional 4,709 shares during the period. Finally, Fortis Capital Management LLC grew its holdings in shares of VanEck Preferred Securities ex Financials ETF by 5.0% in the 3rd quarter. Fortis Capital Management LLC now owns 203,761 shares of the company’s stock worth $3,721,000 after acquiring an additional 9,746 shares during the period.

VanEck Preferred Securities ex Financials ETF Stock Performance

PFXF stock opened at $16.81 on Wednesday. VanEck Preferred Securities ex Financials ETF has a 1 year low of $16.72 and a 1 year high of $18.45. The firm has a market cap of $1.56 billion, a P/E ratio of 0.59 and a beta of 0.51. The stock’s 50 day moving average price is $17.33 and its 200 day moving average price is $17.76.

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.