Raymond James & Associates Invests $763,000 in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

Raymond James & Associates purchased a new position in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) in the 4th quarter, HoldingsChannel reports. The fund purchased 16,389 shares of the company’s stock, valued at approximately $763,000.

A number of other hedge funds also recently bought and sold shares of KORP. Commonwealth Equity Services LLC increased its holdings in shares of American Century Diversified Corporate Bond ETF by 11.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 23,626 shares of the company’s stock worth $1,051,000 after purchasing an additional 2,359 shares in the last quarter. Sowell Financial Services LLC purchased a new position in shares of American Century Diversified Corporate Bond ETF during the third quarter valued at approximately $863,000. Raymond James Financial Services Advisors Inc. lifted its position in American Century Diversified Corporate Bond ETF by 54.3% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 26,902 shares of the company’s stock valued at $1,197,000 after purchasing an additional 9,469 shares during the period. Envestnet Asset Management Inc. lifted its position in American Century Diversified Corporate Bond ETF by 4.7% during the third quarter. Envestnet Asset Management Inc. now owns 775,362 shares of the company’s stock valued at $34,497,000 after purchasing an additional 34,595 shares during the period. Finally, Calton & Associates Inc. purchased a new stake in American Century Diversified Corporate Bond ETF in the third quarter worth approximately $303,000.

American Century Diversified Corporate Bond ETF Trading Up 0.3 %

Shares of KORP opened at $45.30 on Wednesday. The firm has a fifty day simple moving average of $45.84 and a two-hundred day simple moving average of $45.60. American Century Diversified Corporate Bond ETF has a 1-year low of $43.53 and a 1-year high of $46.69.

American Century Diversified Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Investors of record on Tuesday, April 2nd were issued a $0.1773 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from American Century Diversified Corporate Bond ETF’s previous dividend of $0.17.

About American Century Diversified Corporate Bond ETF

The American Century Diversified Corporate Bond ETF (KORP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, U.S. denominated portfolio of corporate debt securities and investments KORP was launched on Jan 11, 2018 and is managed by American Century Investments.