Flynn Zito Capital Management LLC Invests $240,000 in American Century Multisector Income ETF (NYSEARCA:MUSI)

Flynn Zito Capital Management LLC purchased a new position in shares of American Century Multisector Income ETF (NYSEARCA:MUSI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,494 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Goldstein Advisors LLC grew its stake in American Century Multisector Income ETF by 5.9% in the 3rd quarter. Goldstein Advisors LLC now owns 463,539 shares of the company’s stock valued at $19,365,000 after buying an additional 25,719 shares during the last quarter. Legacy CG LLC acquired a new stake in American Century Multisector Income ETF in the 4th quarter worth $15,971,000. Ledge Wealth Management Inc. grew its position in American Century Multisector Income ETF by 2.4% in the 4th quarter. Ledge Wealth Management Inc. now owns 329,607 shares of the company’s stock worth $14,371,000 after purchasing an additional 7,827 shares during the last quarter. LPL Financial LLC grew its position in American Century Multisector Income ETF by 0.6% in the 3rd quarter. LPL Financial LLC now owns 164,611 shares of the company’s stock worth $6,877,000 after purchasing an additional 969 shares during the last quarter. Finally, Jane Street Group LLC grew its position in American Century Multisector Income ETF by 17.3% in the 1st quarter. Jane Street Group LLC now owns 128,378 shares of the company’s stock worth $5,608,000 after purchasing an additional 18,946 shares during the last quarter.

American Century Multisector Income ETF Stock Performance

NYSEARCA MUSI traded down $0.14 during midday trading on Thursday, hitting $42.37. The company had a trading volume of 14,820 shares, compared to its average volume of 11,376. The firm has a fifty day simple moving average of $43.11 and a two-hundred day simple moving average of $42.73. American Century Multisector Income ETF has a fifty-two week low of $40.74 and a fifty-two week high of $43.95.

American Century Multisector Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 3rd. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1768 per share. The ex-dividend date of this dividend was Monday, April 1st.

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.