Mid American Wealth Advisory Group Inc. Sells 1,689 Shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF)

Mid American Wealth Advisory Group Inc. decreased its stake in shares of VanEck Preferred Securities ex Financials ETF (NYSEARCA:PFXF) by 4.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 34,286 shares of the company’s stock after selling 1,689 shares during the period. VanEck Preferred Securities ex Financials ETF accounts for about 0.4% of Mid American Wealth Advisory Group Inc.’s portfolio, making the stock its 26th largest holding. Mid American Wealth Advisory Group Inc.’s holdings in VanEck Preferred Securities ex Financials ETF were worth $603,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. NBC Securities Inc. bought a new stake in shares of VanEck Preferred Securities ex Financials ETF during the 3rd quarter worth about $25,000. Global Retirement Partners LLC bought a new stake in VanEck Preferred Securities ex Financials ETF in the 4th quarter valued at about $26,000. WealthShield Partners LLC bought a new stake in VanEck Preferred Securities ex Financials ETF in the 3rd quarter valued at about $41,000. McGlone Suttner Wealth Management Inc. bought a new stake in VanEck Preferred Securities ex Financials ETF in the 4th quarter valued at about $45,000. Finally, CWM LLC boosted its holdings in VanEck Preferred Securities ex Financials ETF by 7.8% in the 4th quarter. CWM LLC now owns 8,300 shares of the company’s stock valued at $143,000 after purchasing an additional 600 shares during the period.

VanEck Preferred Securities ex Financials ETF Trading Up 0.8 %

NYSEARCA PFXF traded up $0.14 during trading on Monday, reaching $17.15. The company’s stock had a trading volume of 380,914 shares, compared to its average volume of 536,321. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 0.59 and a beta of 0.51. VanEck Preferred Securities ex Financials ETF has a 12 month low of $15.58 and a 12 month high of $18.07. The firm has a 50 day moving average price of $17.52 and a 200 day moving average price of $17.13.

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.