American Century Companies Inc. Has $28.62 Million Position in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI)

American Century Companies Inc. raised its stake in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) by 131.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 562,268 shares of the company’s stock after purchasing an additional 319,603 shares during the quarter. American Century Companies Inc. owned approximately 0.54% of American Century Short Duration Strategic Income ETF worth $28,624,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SDSI. Unique Wealth LLC purchased a new position in shares of American Century Short Duration Strategic Income ETF during the 1st quarter valued at $1,204,000. Weaver Consulting Group boosted its position in American Century Short Duration Strategic Income ETF by 14.8% during the first quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock valued at $277,000 after purchasing an additional 700 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in American Century Short Duration Strategic Income ETF by 67.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock valued at $1,695,000 after purchasing an additional 13,362 shares in the last quarter.

American Century Short Duration Strategic Income ETF Stock Down 0.1 %

Shares of SDSI stock opened at $51.85 on Thursday. American Century Short Duration Strategic Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $52.01. The stock’s 50-day moving average is $51.46 and its two-hundred day moving average is $51.00.

American Century Short Duration Strategic Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.2623 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date was Tuesday, September 3rd.

American Century Short Duration Strategic Income ETF 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.