Shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI – Get Free Report) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $50.70 and traded as high as $50.84. American Century Short Duration Strategic Income ETF shares last traded at $50.82, with a volume of 56,852 shares.
American Century Short Duration Strategic Income ETF Trading Up 0.3%
The firm’s fifty day moving average is $50.70 and its 200 day moving average is $51.21.
American Century Short Duration Strategic Income ETF Cuts Dividend
The company also recently disclosed a monthly dividend, which was paid on Thursday, October 8th. Shareholders of record on Tuesday, October 6th were paid a $0.1812 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This is a decrease from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.1870. This represents a $2.17 annualized dividend and a yield of 4.3%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of SDSI. Apollon Wealth Management LLC bought a new position in shares of American Century Short Duration Strategic Income ETF during the third quarter valued at approximately $579,000. NewEdge Advisors LLC purchased a new stake in shares of American Century Short Duration Strategic Income ETF in the first quarter worth approximately $558,000. Core Wealth Advisors Inc. lifted its stake in shares of American Century Short Duration Strategic Income ETF by 143.2% during the 1st quarter. Core Wealth Advisors Inc. now owns 28,344 shares of the company’s stock worth $1,454,000 after acquiring an additional 16,691 shares during the last quarter. Round Rock Advisors LLC lifted its stake in shares of American Century Short Duration Strategic Income ETF by 12.7% during the 2nd quarter. Round Rock Advisors LLC now owns 324,038 shares of the company’s stock worth $16,639,000 after acquiring an additional 36,516 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of American Century Short Duration Strategic Income ETF by 30.1% during the 3rd quarter. IFP Advisors Inc now owns 83,015 shares of the company’s stock worth $4,196,000 after acquiring an additional 19,206 shares during the last quarter.
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.
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