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

Rockefeller Capital Management L.P. increased its holdings in VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 128.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,681 shares of the company’s stock after purchasing an additional 88,771 shares during the quarter. Rockefeller Capital Management L.P. owned approximately 0.13% of VanEck Preferred Securities ex Financials ETF worth $2,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Apella Capital LLC bought a new stake in shares of VanEck Preferred Securities ex Financials ETF in the 4th quarter worth approximately $4,496,000. Mezzasalma Advisors LLC increased its stake in shares of VanEck Preferred Securities ex Financials ETF by 840.6% during the fourth quarter. Mezzasalma Advisors LLC now owns 110,614 shares of the company’s stock valued at $1,978,000 after buying an additional 98,854 shares during the period. Blair William & Co. IL raised its holdings in shares of VanEck Preferred Securities ex Financials ETF by 8,489.4% during the third quarter. Blair William & Co. IL now owns 171,788 shares of the company’s stock valued at $3,053,000 after acquiring an additional 169,788 shares in the last quarter. Capital Square LLC bought a new position in shares of VanEck Preferred Securities ex Financials ETF during the third quarter valued at approximately $952,000. Finally, Hyposwiss Advisors SA purchased a new stake in VanEck Preferred Securities ex Financials ETF in the fourth quarter worth $931,000.

VanEck Preferred Securities ex Financials ETF Price Performance

NYSEARCA:PFXF opened at $17.71 on Monday. The stock has a market cap of $2.22 billion, a P/E ratio of 0.59 and a beta of 0.62. The firm’s fifty day simple moving average is $18.50 and its 200 day simple moving average is $18.20. VanEck Preferred Securities ex Financials ETF has a twelve month low of $16.98 and a twelve month high of $19.07.

VanEck Preferred Securities ex Financials ETF Profile

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.