Fortis Group Advisors LLC Decreases Stock Position in American Century Multisector Income ETF $MUSI

Fortis Group Advisors LLC cut its stake in shares of American Century Multisector Income ETF (NYSEARCA:MUSI) by 38.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,231 shares of the company’s stock after selling 19,871 shares during the quarter. Fortis Group Advisors LLC’s holdings in American Century Multisector Income ETF were worth $1,431,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of American Century Multisector Income ETF by 37.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock worth $10,187,000 after acquiring an additional 62,871 shares in the last quarter. Condor Capital Management increased its holdings in shares of American Century Multisector Income ETF by 2.8% in the 2nd quarter. Condor Capital Management now owns 389,744 shares of the company’s stock valued at $17,185,000 after acquiring an additional 10,558 shares during the period. Thrivent Financial for Lutherans purchased a new stake in shares of American Century Multisector Income ETF in the third quarter valued at about $212,000. Finally, Raymond James Financial Inc. raised its stake in American Century Multisector Income ETF by 6.4% during the 2nd quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock valued at $3,064,000 after acquiring an additional 4,163 shares during the last quarter.

American Century Multisector Income ETF Stock Down 0.0%

Shares of NYSEARCA MUSI opened at $44.59 on Wednesday. American Century Multisector Income ETF has a 1-year low of $41.78 and a 1-year high of $44.75. The stock has a fifty day moving average price of $44.26 and a 200 day moving average price of $44.28.

American Century Multisector Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were paid a $0.203 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. This is a boost from American Century Multisector Income ETF’s previous monthly dividend of $0.19. The ex-dividend date was Thursday, February 5th.

About American Century Multisector Income ETF

The American Century Multisector Income ETF (MUSI) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund seeks to provide a high level of current income via an actively managed broad-based, global bond portfolio without a specific target duration. MUSI was launched on Jun 29, 2021 and is managed by American Century Investments.