In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Stonebridge Advisors LLC reported 2 stock positions worth $20.6 million. Its top holding was FT-Preferred Secur & Inc. ETF (FPE) at 93.9% of the portfolio, followed by iShares Preferred & Income S (PFF, 6.1%). Compared with Q1 2025, it opened 1 new position and added to 1. The biggest buy was a new position in iShares Preferred & Income S (PFF).