Joseph P. Lucia & Associates LLC Increases Holdings in American Century Short Duration Strategic Income ETF $SDSI

Joseph P. Lucia & Associates LLC raised its stake in shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) by 70.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,726 shares of the company’s stock after buying an additional 11,058 shares during the period. Joseph P. Lucia & Associates LLC owned about 1.67% of American Century Short Duration Strategic Income ETF worth $1,376,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the 2nd quarter valued at $90,000. Prevail Innovative Wealth Advisors LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the 1st quarter valued at $1,052,000. Envestnet Asset Management Inc. grew its position in shares of American Century Short Duration Strategic Income ETF by 17.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 53,336 shares of the company’s stock valued at $2,737,000 after acquiring an additional 8,058 shares during the period. Finally, IFP Advisors Inc grew its position in shares of American Century Short Duration Strategic Income ETF by 48.6% during the 1st quarter. IFP Advisors Inc now owns 22,791 shares of the company’s stock valued at $1,170,000 after acquiring an additional 7,449 shares during the period.

American Century Short Duration Strategic Income ETF Price Performance

Shares of SDSI stock opened at $51.83 on Friday. American Century Short Duration Strategic Income ETF has a 1 year low of $46.99 and a 1 year high of $51.95. The firm has a fifty day moving average price of $51.61 and a 200-day moving average price of $51.29.

American Century Short Duration Strategic Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.1571 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

American Century Short Duration Strategic Income ETF Profile

The American Century Short Duration Strategic Income ETF (SDSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a broad portfolio of short-duration fixed income securities. The fund seeks to mitigate the impact of rising interest rates. SDSI was launched on Oct 11, 2022 and is managed by American Century Investments.