Partners Wealth Management LLC Has $1.45 Million Stock Position in American Century Quality Preferred ETF (BATS:QPFF)

Partners Wealth Management LLC decreased its position in American Century Quality Preferred ETF (BATS:QPFF) by 1.2% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 40,916 shares of the company’s stock after selling 506 shares during the period. American Century Quality Preferred ETF comprises approximately 1.6% of Partners Wealth Management LLC’s portfolio, making the stock its 14th largest position. Partners Wealth Management LLC’s holdings in American Century Quality Preferred ETF were worth $1,448,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in QPFF. Private Advisor Group LLC grew its holdings in shares of American Century Quality Preferred ETF by 79.4% in the 4th quarter. Private Advisor Group LLC now owns 18,719 shares of the company’s stock valued at $673,000 after buying an additional 8,285 shares during the period. IFP Advisors Inc grew its holdings in shares of American Century Quality Preferred ETF by 26.2% in the 4th quarter. IFP Advisors Inc now owns 3,010 shares of the company’s stock valued at $108,000 after buying an additional 625 shares during the period. Independent Advisor Alliance acquired a new position in shares of American Century Quality Preferred ETF in the 4th quarter valued at $218,000. Commonwealth Equity Services LLC grew its holdings in shares of American Century Quality Preferred ETF by 8.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 161,205 shares of the company’s stock valued at $5,798,000 after buying an additional 12,889 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of American Century Quality Preferred ETF by 225.1% in the 4th quarter. LPL Financial LLC now owns 152,274 shares of the company’s stock valued at $5,477,000 after buying an additional 105,440 shares during the period.

American Century Quality Preferred ETF Price Performance

Shares of QPFF stock opened at $34.90 on Friday. American Century Quality Preferred ETF has a 12-month low of $33.40 and a 12-month high of $39.14. The firm has a fifty day moving average of $34.57 and a 200-day moving average of $35.63.

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.