My first thesis on the Virtus InfraCap US Preferred Stock ETF ( PFFA ) was published on April 28, 2025, where I issued a “strong sell” rating. A contrarian rating at a time when most analysts were recommending that this ETF is a buy.Building a high-income portfolio is about more than just buying superficially high-yielding assets, it also involves preserving and growing wealth over time. I come here as an investment analyst, not a financial advisor, with the aim of educating readers on how to do both. My fo ...

In the third quarter of 2025, advisors didn’t just fine-tune their ETF portfolios, they expanded them. The average RIA now holds about 72 ETFs, up from 69 last quarter, with the median portfolio growing from 38 to 40 funds, according to the latest RIA ETF Trends Report from AdvizorPro. More than half of RIAs increased the number of strategies in which they invested, while fewer than one in five trimmed their lists. The data show that ETF adoption is accelerating among independent financial advisors, exper ...