Partners Wealth Management LLC Buys New Position in American Century Quality Preferred ETF (BATS:QPFF)

Partners Wealth Management LLC bought a new stake in shares of American Century Quality Preferred ETF (BATS:QPFF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 41,422 shares of the company’s stock, valued at approximately $1,490,000. American Century Quality Preferred ETF accounts for 1.7% of Partners Wealth Management LLC’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds also recently bought and sold shares of QPFF. Capital Square LLC raised its position in American Century Quality Preferred ETF by 154.0% in the 3rd quarter. Capital Square LLC now owns 34,022 shares of the company’s stock valued at $1,296,000 after purchasing an additional 20,627 shares in the last quarter. MML Investors Services LLC raised its position in shares of American Century Quality Preferred ETF by 95.3% during the 3rd quarter. MML Investors Services LLC now owns 39,066 shares of the company’s stock worth $1,488,000 after acquiring an additional 19,062 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of American Century Quality Preferred ETF during the 3rd quarter worth about $534,000. Kavar Capital Partners Group LLC acquired a new stake in shares of American Century Quality Preferred ETF during the 3rd quarter worth about $457,000. Finally, Janney Montgomery Scott LLC raised its position in shares of American Century Quality Preferred ETF by 12.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 103,498 shares of the company’s stock worth $3,943,000 after acquiring an additional 11,114 shares in the last quarter.

American Century Quality Preferred ETF Trading Up 1.8 %

Shares of BATS QPFF opened at $36.28 on Monday. The stock’s fifty day simple moving average is $36.31 and its 200-day simple moving average is $37.11.

American Century Quality Preferred ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.0587 per share. The ex-dividend date was Monday, February 3rd.

American Century Quality Preferred ETF Profile

The American Century Quality Preferred ETF (QPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in preferred securities issued by US and non-US companies of varied maturities. QPFF was launched on Feb 16, 2021 and is managed by American Century Investments.