D.A. Davidson & CO. Invests $3.85 Million in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

D.A. Davidson & CO. purchased a new position in shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) during the fourth quarter, Holdings Channel.com reports. The fund purchased 82,805 shares of the company’s stock, valued at approximately $3,853,000.

A number of other large investors have also modified their holdings of the business. Lindenwold Advisors INC grew its stake in shares of American Century Diversified Corporate Bond ETF by 2.1% during the fourth quarter. Lindenwold Advisors INC now owns 80,421 shares of the company’s stock worth $3,742,000 after acquiring an additional 1,623 shares during the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth about $293,000. Principal Securities Inc. purchased a new stake in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth about $64,000. Private Advisor Group LLC grew its stake in shares of American Century Diversified Corporate Bond ETF by 34.4% during the fourth quarter. Private Advisor Group LLC now owns 10,030 shares of the company’s stock worth $467,000 after acquiring an additional 2,569 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new stake in American Century Diversified Corporate Bond ETF in the fourth quarter valued at approximately $15,770,000.

American Century Diversified Corporate Bond ETF Trading Down 0.3 %

Shares of NYSEARCA KORP opened at $45.73 on Friday. The business’s 50 day moving average price is $45.65 and its 200 day moving average price is $45.82. American Century Diversified Corporate Bond ETF has a 52 week low of $43.53 and a 52 week high of $46.69.

American Century Diversified Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were issued a $0.1773 dividend. The ex-dividend date was Monday, April 1st. This is an increase from American Century Diversified Corporate Bond ETF’s previous dividend of $0.17.

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.