VanEck's PFXF Significantly Increases Its Stake in STRC, With Position Market Value Rising to $207 Million

Odaily reports that, according to fund official website data, VanEck's non-financial preferred stock ETF, PFXF, has further increased its position in the Strategy Stretch preferred stock (STRC), bringing the total position market value to $207 million. As of July 16, STRC was the largest holding of PFXF, accounting for 8.63% of the fund's net asset value, corresponding to approximately 2.42 million shares held.