MML Investors Services LLC Acquires 20,276 Shares of American Century Quality Preferred ETF (BATS:QPFF)

MML Investors Services LLC lifted its holdings in shares of American Century Quality Preferred ETF (BATS:QPFF) by 51.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,342 shares of the company’s stock after purchasing an additional 20,276 shares during the period. MML Investors Services LLC owned about 2.76% of American Century Quality Preferred ETF worth $2,134,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of American Century Quality Preferred ETF during the 3rd quarter worth $302,000. Envestnet Asset Management Inc. raised its stake in shares of American Century Quality Preferred ETF by 3.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 503,465 shares of the company’s stock worth $18,109,000 after purchasing an additional 14,777 shares during the period. IFP Advisors Inc raised its stake in 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 acquiring an additional 625 shares during the period. LPL Financial LLC raised its stake in 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 acquiring an additional 105,440 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in 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 acquiring an additional 12,889 shares during the period.

American Century Quality Preferred ETF Stock Performance

Shares of American Century Quality Preferred ETF stock opened at $34.73 on Tuesday. American Century Quality Preferred ETF has a 52-week low of $33.40 and a 52-week high of $39.14. The stock’s 50-day simple moving average is $35.14 and its 200 day simple moving average is $36.30.

American Century Quality Preferred ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.137 dividend. This is an increase from American Century Quality Preferred ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, March 3rd.

American Century Quality Preferred ETF Company 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.