Merit Financial Group LLC Takes Position in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

Merit Financial Group LLC bought a new stake in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 338,918 shares of the company’s stock, valued at approximately $15,770,000. Merit Financial Group LLC owned about 7.62% of American Century Diversified Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Geneos Wealth Management Inc. acquired a new position in American Century Diversified Corporate Bond ETF in the 4th quarter valued at about $40,000. Sound Income Strategies LLC acquired a new position in shares of American Century Diversified Corporate Bond ETF in the fourth quarter valued at approximately $125,000. PCG Wealth Advisors LLC grew its position in shares of American Century Diversified Corporate Bond ETF by 12.4% in the fourth quarter. PCG Wealth Advisors LLC now owns 5,120 shares of the company’s stock valued at $238,000 after purchasing an additional 565 shares during the last quarter. Aveo Capital Partners LLC bought a new position in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth approximately $239,000. Finally, Calton & Associates Inc. acquired a new stake in American Century Diversified Corporate Bond ETF during the 3rd quarter worth approximately $303,000.

American Century Diversified Corporate Bond ETF Trading Up 0.6 %

Shares of American Century Diversified Corporate Bond ETF stock traded up $0.26 during trading on Friday, reaching $45.61. The company’s stock had a trading volume of 11,878 shares, compared to its average volume of 23,207. The business’s 50-day moving average price is $45.74 and its 200-day moving average price is $45.63. American Century Diversified Corporate Bond ETF has a 52 week low of $43.53 and a 52 week high of $46.69.

American Century Diversified Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were issued a $0.1773 dividend. The ex-dividend date was Monday, April 1st. This is an increase from American Century Diversified Corporate Bond ETF’s previous dividend of $0.17.

American Century Diversified Corporate Bond ETF Company Profile

The American Century Diversified Corporate Bond ETF (KORP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, U.S. denominated portfolio of corporate debt securities and investments KORP was launched on Jan 11, 2018 and is managed by American Century Investments.