Envestnet Asset Management Inc. Has $75.01 Million Stock Holdings in American Century Diversified Corporate Bond ETF $KORP

Envestnet Asset Management Inc. increased its position in shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 5.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,575,749 shares of the company’s stock after buying an additional 83,121 shares during the period. Envestnet Asset Management Inc. owned approximately 0.12% of American Century Diversified Corporate Bond ETF worth $75,006,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new stake in American Century Diversified Corporate Bond ETF in the first quarter valued at $137,000. Atria Wealth Solutions Inc. purchased a new stake in American Century Diversified Corporate Bond ETF in the 2nd quarter valued at $226,000. Harbour Investments Inc. raised its holdings in shares of American Century Diversified Corporate Bond ETF by 202.2% in the second quarter. Harbour Investments Inc. now owns 4,192 shares of the company’s stock valued at $197,000 after purchasing an additional 2,805 shares during the last quarter. Joseph P. Lucia & Associates LLC increased its position in shares of American Century Diversified Corporate Bond ETF by 115.8% during the second quarter. Joseph P. Lucia & Associates LLC now owns 15,822 shares of the company’s stock valued at $745,000 after acquiring an additional 8,489 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in shares of American Century Diversified Corporate Bond ETF by 1.3% during the 2nd quarter. D.A. Davidson & CO. now owns 84,448 shares of the company’s stock valued at $3,975,000 after purchasing an additional 1,105 shares during the last quarter.

American Century Diversified Corporate Bond ETF Stock Performance

Shares of KORP stock opened at $47.42 on Monday. The company has a 50 day moving average of $47.38 and a 200-day moving average of $47.42. American Century Diversified Corporate Bond ETF has a 12-month low of $44.81 and a 12-month high of $48.16.

American Century Diversified Corporate Bond ETF Increases Dividend

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

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.