Bank of Montreal Can Takes Position in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI)

Bank of Montreal Can acquired a new stake in shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 15,750 shares of the company’s stock, valued at approximately $803,000. Bank of Montreal Can owned 1.50% of American Century Short Duration Strategic Income ETF as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Weaver Consulting Group lifted its holdings in shares of American Century Short Duration Strategic Income ETF by 14.8% in the 1st quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock worth $277,000 after buying an additional 700 shares during the period. Unique Wealth LLC purchased a new stake in American Century Short Duration Strategic Income ETF in the first quarter worth about $1,204,000. Cambridge Investment Research Advisors Inc. grew its holdings in American Century Short Duration Strategic Income ETF by 67.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after acquiring an additional 13,362 shares in the last quarter. Finally, American Century Companies Inc. increased its position in American Century Short Duration Strategic Income ETF by 131.7% during the 2nd quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock valued at $28,624,000 after purchasing an additional 319,603 shares during the period.

American Century Short Duration Strategic Income ETF Stock Performance

NASDAQ:SDSI opened at $51.36 on Tuesday. The firm has a 50-day simple moving average of $51.63 and a 200-day simple moving average of $51.10. American Century Short Duration Strategic Income ETF has a one year low of $49.99 and a one year high of $52.01.

American Century Short Duration Strategic Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.241 per share. The ex-dividend date was Tuesday, October 1st. This represents a $2.89 annualized dividend and a yield of 5.63%.

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.