185,212 Shares in American Century Quality Preferred ETF (BATS:QPFF) Bought by Synergy Asset Management LLC

Synergy Asset Management LLC acquired a new stake in shares of American Century Quality Preferred ETF (BATS:QPFF) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 185,212 shares of the company’s stock, valued at approximately $6,871,000. American Century Quality Preferred ETF makes up about 1.2% of Synergy Asset Management LLC’s holdings, making the stock its 23rd biggest position. Synergy Asset Management LLC owned 7.75% of American Century Quality Preferred ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of QPFF. KWB Wealth purchased a new stake in shares of American Century Quality Preferred ETF during the fourth quarter worth $618,000. San Luis Wealth Advisors LLC increased its holdings in American Century Quality Preferred ETF by 19.1% in the fourth quarter. San Luis Wealth Advisors LLC now owns 258,105 shares of the company’s stock worth $9,255,000 after buying an additional 41,365 shares during the last quarter. Weaver Consulting Group bought a new position in American Century Quality Preferred ETF during the fourth quarter valued at approximately $237,000. Householder Group Estate & Retirement Specialist LLC lifted its stake in American Century Quality Preferred ETF by 9.1% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 32,353 shares of the company’s stock valued at $1,160,000 after acquiring an additional 2,690 shares during the last quarter. Finally, Private Trust Co. NA acquired a new position in shares of American Century Quality Preferred ETF during the 4th quarter worth $65,000.

American Century Quality Preferred ETF Trading Down 0.3 %

Shares of American Century Quality Preferred ETF stock traded down $0.10 during midday trading on Tuesday, reaching $36.15. 12,466 shares of the company’s stock traded hands. The firm has a 50 day moving average of $36.23 and a 200 day moving average of $36.43.

American Century Quality Preferred ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a $0.2046 dividend. This is a boost from American Century Quality Preferred ETF’s previous dividend of $0.14. The ex-dividend date is Monday, July 1st.

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.