American Century Select High Yield ETF $AHYB Stock Position Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in American Century Select High Yield ETF (NYSEARCA:AHYB) by 41.4% in the third quarter, Holdings Channel reports. The institutional investor owned 856,406 shares of the company’s stock after acquiring an additional 250,814 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.78% of American Century Select High Yield ETF worth $40,157,000 as of its most recent SEC filing.

Separately, AE Wealth Management LLC grew its holdings in shares of American Century Select High Yield ETF by 34.6% during the 2nd quarter. AE Wealth Management LLC now owns 7,440 shares of the company’s stock valued at $347,000 after acquiring an additional 1,913 shares in the last quarter.

American Century Select High Yield ETF Stock Up 0.0%

NYSEARCA AHYB opened at $46.81 on Wednesday. American Century Select High Yield ETF has a 1-year low of $43.55 and a 1-year high of $47.06. The firm’s fifty day simple moving average is $46.77 and its 200-day simple moving average is $46.68.

American Century Select High Yield ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a $0.249 dividend. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Thursday, February 5th. This is an increase from American Century Select High Yield ETF’s previous monthly dividend of $0.21.

American Century Select High Yield ETF Profile

The American Century Select High Yield ETF (AHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed portfolio of high-yield corporate bonds with typically 3 to 10 years maturity. AHYB was launched on Nov 16, 2021 and is managed by American Century Investments.