Rockefeller Capital Management L.P. Boosts Stake in VanEck Preferred Securities ex Financials ETF $PFXF

Rockefeller Capital Management L.P. lifted its position in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 128.8% in the 4th quarter, Holdings Channel reports. The fund owned 157,681 shares of the company’s stock after acquiring an additional 88,771 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in VanEck Preferred Securities ex Financials ETF were worth $2,785,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in VanEck Preferred Securities ex Financials ETF by 36.7% in the third quarter. Bank of America Corp DE now owns 4,140,671 shares of the company’s stock worth $73,580,000 after purchasing an additional 1,111,754 shares in the last quarter. LPL Financial LLC lifted its position in 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 valued at $52,298,000 after buying an additional 232,745 shares during the period. Raymond James Financial Inc. lifted its position in VanEck Preferred Securities ex Financials ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 1,763,760 shares of the company’s stock valued at $31,342,000 after buying an additional 59,762 shares during the period. MML Investors Services LLC boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 6.7% during the 4th quarter. MML Investors Services LLC now owns 1,471,878 shares of the company’s stock valued at $25,993,000 after buying an additional 92,611 shares in the last quarter. Finally, Tanager Wealth Management LLP boosted its holdings in shares of VanEck Preferred Securities ex Financials ETF by 12.7% during the 4th quarter. Tanager Wealth Management LLP now owns 1,449,088 shares of the company’s stock valued at $25,591,000 after buying an additional 162,742 shares in the last quarter.

VanEck Preferred Securities ex Financials ETF Price Performance

NYSEARCA:PFXF opened at $17.71 on Monday. The firm’s 50-day moving average price is $18.50 and its 200-day moving average price is $18.20. The company has a market capitalization of $2.22 billion, a PE ratio of 0.59 and a beta of 0.62. VanEck Preferred Securities ex Financials ETF has a 1-year low of $16.98 and a 1-year high of $19.07.

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.