American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Trading Up 0% – Here’s What Happened

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) shot up 0% during trading on Thursday . The stock traded as high as $51.72 and last traded at $51.69. 11,555 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 23,033 shares. The stock had previously closed at $51.67.

American Century Short Duration Strategic Income ETF Trading Up 0.0%

The stock’s fifty day moving average is $51.61 and its 200 day moving average is $51.57.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.2582 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. This is a positive change from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. American Century Companies Inc. grew its position in shares of American Century Short Duration Strategic Income ETF by 67.2% in the 3rd quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock worth $48,605,000 after buying an additional 377,775 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in American Century Short Duration Strategic Income ETF by 56.8% in the third quarter. Envestnet Asset Management Inc. now owns 79,017 shares of the company’s stock worth $4,086,000 after acquiring an additional 28,617 shares during the period. Prevail Innovative Wealth Advisors LLC boosted its holdings in American Century Short Duration Strategic Income ETF by 77.8% in the third quarter. Prevail Innovative Wealth Advisors LLC now owns 39,910 shares of the company’s stock valued at $2,064,000 after acquiring an additional 17,463 shares in the last quarter. Osaic Holdings Inc. increased its position in American Century Short Duration Strategic Income ETF by 63.8% during the 2nd quarter. Osaic Holdings Inc. now owns 40,053 shares of the company’s stock valued at $2,063,000 after purchasing an additional 15,606 shares during the period. Finally, Jane Street Group LLC increased its position in American Century Short Duration Strategic Income ETF by 242.2% during the 2nd quarter. Jane Street Group LLC now owns 20,188 shares of the company’s stock valued at $1,040,000 after purchasing an additional 14,288 shares during the period.

American Century Short Duration Strategic Income ETF Company Profile

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.