American Century Companies Inc. Trims Position in American Century Diversified Corporate Bond ETF $KORP

American Century Companies Inc. decreased its stake in shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 3.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,185,551 shares of the company’s stock after selling 36,777 shares during the quarter. American Century Companies Inc. owned approximately 8.88% of American Century Diversified Corporate Bond ETF worth $56,432,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp bought a new stake in shares of American Century Diversified Corporate Bond ETF during the first quarter valued at approximately $137,000. Morey & Quinn Wealth Partners LLC increased its holdings in American Century Diversified Corporate Bond ETF by 5.2% during the 3rd quarter. Morey & Quinn Wealth Partners LLC now owns 5,766 shares of the company’s stock worth $274,000 after purchasing an additional 284 shares during the period. Oppenheimer & Co. Inc. purchased a new position in American Century Diversified Corporate Bond ETF during the 3rd quarter worth $279,000. First Bank & Trust bought a new stake in American Century Diversified Corporate Bond ETF during the 3rd quarter valued at $300,000. Finally, AE Wealth Management LLC lifted its holdings in shares of American Century Diversified Corporate Bond ETF by 36.8% in the 2nd quarter. AE Wealth Management LLC now owns 10,547 shares of the company’s stock worth $496,000 after buying an additional 2,839 shares during the period.

American Century Diversified Corporate Bond ETF Price Performance

KORP opened at $47.32 on Friday. American Century Diversified Corporate Bond ETF has a 12-month low of $44.81 and a 12-month high of $48.16. The business’s fifty day simple moving average is $47.53 and its 200-day simple moving average is $47.52.

American Century Diversified Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were issued a dividend of $0.208 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date was Thursday, February 5th. This is a positive change from American Century Diversified Corporate Bond ETF’s previous monthly dividend of $0.18.

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.