167,160 Shares in VanEck Preferred Securities ex Financials ETF $PFXF Bought by Larch Capital Partners LLC

Larch Capital Partners LLC acquired a new stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 167,160 shares of the company’s stock, valued at approximately $2,952,000. VanEck Preferred Securities ex Financials ETF makes up approximately 0.4% of Larch Capital Partners LLC’s investment portfolio, making the stock its 17th biggest holding. Larch Capital Partners LLC owned about 0.14% of VanEck Preferred Securities ex Financials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Apella Capital LLC purchased a new stake in shares of VanEck Preferred Securities ex Financials ETF during the fourth quarter valued at about $4,496,000. Blair William & Co. IL boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 8,489.4% in the 3rd quarter. Blair William & Co. IL now owns 171,788 shares of the company’s stock valued at $3,053,000 after buying an additional 169,788 shares in the last quarter. Mezzasalma Advisors LLC grew its position in shares of VanEck Preferred Securities ex Financials ETF by 840.6% in the 4th quarter. Mezzasalma Advisors LLC now owns 110,614 shares of the company’s stock worth $1,978,000 after buying an additional 98,854 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of VanEck Preferred Securities ex Financials ETF by 8.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 541,207 shares of the company’s stock worth $9,617,000 after buying an additional 40,853 shares during the last quarter. Finally, Capital Square LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the 3rd quarter worth approximately $952,000.

VanEck Preferred Securities ex Financials ETF Stock Up 0.5%

NYSEARCA PFXF opened at $18.50 on Friday. VanEck Preferred Securities ex Financials ETF has a 52 week low of $16.76 and a 52 week high of $19.07. The company has a 50 day moving average price of $18.49 and a 200 day moving average price of $18.18. The firm has a market cap of $2.32 billion, a PE ratio of 0.59 and a beta of 0.62.

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.