Sigma Planning Corp Sells 89,402 Shares of VanEck Preferred Securities ex Financials ETF $PFXF

Sigma Planning Corp decreased its position in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 71.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,470 shares of the company’s stock after selling 89,402 shares during the period. Sigma Planning Corp’s holdings in VanEck Preferred Securities ex Financials ETF were worth $633,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of PFXF. Bank of America Corp DE lifted its stake in shares of VanEck Preferred Securities ex Financials ETF by 15.2% in the 1st quarter. Bank of America Corp DE now owns 5,351,204 shares of the company’s stock valued at $93,860,000 after purchasing an additional 705,474 shares during the period. LPL Financial LLC grew its stake in shares of VanEck Preferred Securities ex Financials ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 2,961,370 shares of the company’s stock worth $52,298,000 after purchasing an additional 232,745 shares during the period. Raymond James Financial Inc. increased its holdings in VanEck Preferred Securities ex Financials ETF by 3.5% in the third quarter. Raymond James Financial Inc. now owns 1,763,760 shares of the company’s stock valued at $31,342,000 after purchasing an additional 59,762 shares during the last quarter. Tanager Wealth Management LLP lifted its stake in VanEck Preferred Securities ex Financials ETF by 9.6% in the first quarter. Tanager Wealth Management LLP now owns 1,587,632 shares of the company’s stock valued at $27,847,000 after buying an additional 138,544 shares during the period. Finally, MML Investors Services LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF by 6.7% during the fourth quarter. MML Investors Services LLC now owns 1,471,878 shares of the company’s stock worth $25,993,000 after buying an additional 92,611 shares during the last quarter.

VanEck Preferred Securities ex Financials ETF Trading Down 1.3%

VanEck Preferred Securities ex Financials ETF stock opened at $17.62 on Wednesday. The firm has a market capitalization of $2.41 billion, a P/E ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a 1 year low of $17.03 and a 1 year high of $19.07. The business has a 50-day moving average of $17.81 and a 200-day moving average of $18.11.

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. PFXF was launched on Jul 16, 2012 and is managed by VanEck.