Orion Porfolio Solutions LLC Sells 325,936 Shares of American Century Multisector Income ETF $MUSI

Orion Porfolio Solutions LLC reduced its stake in American Century Multisector Income ETF (NYSEARCA:MUSI) by 82.7% during the third quarter, Holdings Channel.com reports. The firm owned 68,098 shares of the company’s stock after selling 325,936 shares during the period. Orion Porfolio Solutions LLC’s holdings in American Century Multisector Income ETF were worth $3,025,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Thrivent Financial for Lutherans bought a new position in shares of American Century Multisector Income ETF in the third quarter worth approximately $212,000. Raymond James Financial Inc. boosted its position in American Century Multisector Income ETF by 6.4% during the 2nd quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock valued at $3,064,000 after buying an additional 4,163 shares during the period. Envestnet Asset Management Inc. boosted its position in American Century Multisector Income ETF by 37.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock valued at $10,187,000 after buying an additional 62,871 shares during the period. Condor Capital Management grew its holdings in American Century Multisector Income ETF by 2.8% in the 2nd quarter. Condor Capital Management now owns 389,744 shares of the company’s stock worth $17,185,000 after acquiring an additional 10,558 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in American Century Multisector Income ETF by 4.5% in the 3rd quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock worth $91,568,000 after acquiring an additional 88,536 shares during the last quarter.

American Century Multisector Income ETF Stock Up 0.2%

Shares of NYSEARCA:MUSI opened at $44.21 on Tuesday. The company has a 50-day moving average price of $44.36 and a 200-day moving average price of $44.33. American Century Multisector Income ETF has a 12 month low of $41.78 and a 12 month high of $44.80.

American Century Multisector Income ETF Increases Dividend

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

American Century Multisector Income ETF 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.