Partners Wealth Management LLC Invests $1.49 Million in American Century Quality Preferred ETF (BATS:QPFF)

Partners Wealth Management LLC bought a new position in shares of American Century Quality Preferred ETF (BATS:QPFF) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 41,422 shares of the company’s stock, valued at approximately $1,490,000. American Century Quality Preferred ETF accounts for approximately 1.7% of Partners Wealth Management LLC’s holdings, making the stock its 15th biggest position. Partners Wealth Management LLC owned approximately 1.93% of American Century Quality Preferred ETF as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in QPFF. Private Advisor Group LLC acquired a new position in American Century Quality Preferred ETF in the 3rd quarter valued at $398,000. Kavar Capital Partners Group LLC acquired a new position in American Century Quality Preferred ETF in the 3rd quarter valued at $457,000. J.W. Cole Advisors Inc. acquired a new position in American Century Quality Preferred ETF in the 3rd quarter valued at $534,000. Golden State Equity Partners acquired a new position in American Century Quality Preferred ETF in the 3rd quarter valued at $279,000. Finally, Janney Montgomery Scott LLC raised its stake in American Century Quality Preferred ETF by 12.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 103,498 shares of the company’s stock valued at $3,943,000 after purchasing an additional 11,114 shares during the last quarter.

American Century Quality Preferred ETF Price Performance

Shares of BATS:QPFF opened at $36.28 on Monday. The company has a 50-day moving average of $36.31 and a two-hundred day moving average of $37.11.

American Century Quality Preferred ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.0587 dividend. The ex-dividend date was Monday, February 3rd.

About American Century Quality Preferred ETF

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.