B. Riley Wealth Advisors Inc. Invests $212,000 in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI)

B. Riley Wealth Advisors Inc. acquired a new stake in shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) during the second quarter, Holdings Channel reports. The firm acquired 4,166 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDSI. Weaver Consulting Group boosted its stake in American Century Short Duration Strategic Income ETF by 14.8% during the 1st quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock valued at $277,000 after purchasing an additional 700 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the second quarter valued at $803,000. Unique Wealth LLC bought a new position in American Century Short Duration Strategic Income ETF during the first quarter valued at 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 second 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 during the period. Finally, American Century Companies Inc. grew its holdings in American Century Short Duration Strategic Income ETF by 131.7% during the second quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock worth $28,624,000 after acquiring an additional 319,603 shares during the period.

American Century Short Duration Strategic Income ETF Price Performance

Shares of NASDAQ SDSI opened at $51.35 on Thursday. American Century Short Duration Strategic Income ETF has a twelve month low of $49.99 and a twelve month high of $52.01. The firm has a 50-day moving average of $51.63 and a two-hundred day moving average of $51.10.

American Century Short Duration Strategic Income ETF Cuts Dividend

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

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.