Comerica Bank Buys 644 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Comerica Bank boosted its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,244 shares of the company’s stock after buying an additional 644 shares during the quarter. Comerica Bank’s holdings in VanEck Preferred Securities ex Financials ETF were worth $280,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Blair William & Co. IL lifted its holdings in VanEck Preferred Securities ex Financials ETF by 31.8% during the 4th quarter. Blair William & Co. IL now owns 3,077 shares of the company’s stock valued at $53,000 after buying an additional 743 shares in the last quarter. Balanced Rock Investment Advisors LLC lifted its holdings in VanEck Preferred Securities ex Financials ETF by 5.4% during the 4th quarter. Balanced Rock Investment Advisors LLC now owns 22,289 shares of the company’s stock valued at $384,000 after buying an additional 1,151 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 2.8% in the 4th quarter. NewEdge Advisors LLC now owns 45,853 shares of the company’s stock valued at $791,000 after purchasing an additional 1,265 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 7.3% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 24,065 shares of the company’s stock valued at $415,000 after purchasing an additional 1,641 shares in the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 2.4% in the 4th quarter. D.A. Davidson & CO. now owns 70,770 shares of the company’s stock valued at $1,221,000 after purchasing an additional 1,668 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Stock Performance

NYSEARCA:PFXF opened at $17.03 on Friday. VanEck Preferred Securities ex Financials ETF has a one year low of $15.28 and a one year high of $18.45. The firm has a market cap of $1.80 billion, a P/E ratio of 0.59 and a beta of 0.61. The firm has a 50-day simple moving average of $16.49 and a 200-day simple moving average of $17.21.

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.