Envestnet Asset Management Inc. Acquires 62,871 Shares of American Century Multisector Income ETF $MUSI

Envestnet Asset Management Inc. raised its holdings in shares of American Century Multisector Income ETF (NYSEARCA:MUSI) by 37.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 229,308 shares of the company’s stock after acquiring an additional 62,871 shares during the quarter. Envestnet Asset Management Inc. owned about 5.59% of American Century Multisector Income ETF worth $10,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in MUSI. Condor Capital Management lifted its holdings in American Century Multisector Income ETF by 2.8% during the 2nd quarter. Condor Capital Management now owns 389,744 shares of the company’s stock worth $17,185,000 after purchasing an additional 10,558 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of American Century Multisector Income ETF in the third quarter worth about $212,000. Finally, Raymond James Financial Inc. grew its stake in American Century Multisector Income ETF by 6.4% during the second quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock valued at $3,064,000 after acquiring an additional 4,163 shares in the last quarter.

American Century Multisector Income ETF Trading Down 0.1%

NYSEARCA MUSI opened at $44.55 on Thursday. The company’s 50 day simple moving average is $44.26 and its two-hundred day simple moving average is $44.28. American Century Multisector Income ETF has a 1 year low of $41.78 and a 1 year high of $44.75.

American Century Multisector Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were issued a $0.203 dividend. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Thursday, February 5th. This is an increase from American Century Multisector Income ETF’s previous monthly dividend of $0.19.

American Century Multisector Income ETF Company Profile

The American Century Multisector Income ETF (MUSI) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund seeks to provide a high level of current income via an actively managed broad-based, global bond portfolio without a specific target duration. MUSI was launched on Jun 29, 2021 and is managed by American Century Investments.