Envestnet Asset Management Inc. Has $2.60 Million Stake in American Century Short Duration Strategic Income ETF $SDSI

Envestnet Asset Management Inc. lowered its holdings in shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,400 shares of the company’s stock after selling 2,936 shares during the quarter. Envestnet Asset Management Inc. owned 3.15% of American Century Short Duration Strategic Income ETF worth $2,596,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SDSI. Ameritas Advisory Services LLC acquired a new stake in American Century Short Duration Strategic Income ETF during the 2nd quarter worth approximately $90,000. Joseph P. Lucia & Associates LLC boosted its holdings in shares of American Century Short Duration Strategic Income ETF by 70.6% in the second quarter. Joseph P. Lucia & Associates LLC now owns 26,726 shares of the company’s stock valued at $1,376,000 after buying an additional 11,058 shares during the period. Finally, IFP Advisors Inc increased its position in shares of American Century Short Duration Strategic Income ETF by 48.6% during the first quarter. IFP Advisors Inc now owns 22,791 shares of the company’s stock worth $1,170,000 after acquiring an additional 7,449 shares in the last quarter.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of NASDAQ:SDSI opened at $51.55 on Monday. American Century Short Duration Strategic Income ETF has a 12 month low of $46.99 and a 12 month high of $51.95. The company’s fifty day simple moving average is $51.67 and its 200 day simple moving average is $51.40.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were paid a $0.2057 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a positive change from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.16.

About American Century Short Duration Strategic Income ETF

The American Century Short Duration Strategic Income ETF (SDSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a broad portfolio of short-duration fixed income securities. The fund seeks to mitigate the impact of rising interest rates. SDSI was launched on Oct 11, 2022 and is managed by American Century Investments.