JPMorgan Chase & Co. Boosts Position in American Century Diversified Corporate Bond ETF $KORP

JPMorgan Chase & Co. boosted its stake in shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 71.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,062 shares of the company’s stock after buying an additional 40,356 shares during the quarter. JPMorgan Chase & Co.’s holdings in American Century Diversified Corporate Bond ETF were worth $4,620,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp purchased a new position in shares of American Century Diversified Corporate Bond ETF during the first quarter worth approximately $137,000. Raymond James Financial Inc. boosted its holdings in shares of American Century Diversified Corporate Bond ETF by 2.9% in the second quarter. Raymond James Financial Inc. now owns 85,625 shares of the company’s stock valued at $4,030,000 after purchasing an additional 2,384 shares during the period. Camarda Financial Advisors LLC grew its stake in American Century Diversified Corporate Bond ETF by 3.1% in the second quarter. Camarda Financial Advisors LLC now owns 21,053 shares of the company’s stock worth $991,000 after purchasing an additional 632 shares in the last quarter. Gallagher Fiduciary Advisors LLC bought a new position in American Century Diversified Corporate Bond ETF in the second quarter worth approximately $45,308,000. Finally, ARQ Wealth Advisors LLC purchased a new position in American Century Diversified Corporate Bond ETF during the 2nd quarter worth $9,821,000.

American Century Diversified Corporate Bond ETF Stock Up 0.4%

Shares of NYSEARCA KORP opened at $46.87 on Friday. The business has a fifty day simple moving average of $47.24 and a two-hundred day simple moving average of $47.43. American Century Diversified Corporate Bond ETF has a twelve month low of $44.81 and a twelve month high of $48.16.

American Century Diversified Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were paid a dividend of $0.208 per share. This is an increase from American Century Diversified Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Thursday, February 5th.

American Century Diversified Corporate Bond ETF 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.