Krane Funds Advisors LLC Boosts Position in KraneShares Sustainable Ultra Short Duration Index ETF $KCSH

Krane Funds Advisors LLC grew its stake in shares of KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) by 12.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,057,400 shares of the company’s stock after buying an additional 875,800 shares during the period. KraneShares Sustainable Ultra Short Duration Index ETF accounts for 5.7% of Krane Funds Advisors LLC’s portfolio, making the stock its 7th biggest holding. Krane Funds Advisors LLC owned 98.26% of KraneShares Sustainable Ultra Short Duration Index ETF worth $202,563,000 as of its most recent filing with the Securities & Exchange Commission.

KraneShares Sustainable Ultra Short Duration Index ETF Stock Performance

NYSEARCA KCSH opened at $25.11 on Tuesday. KraneShares Sustainable Ultra Short Duration Index ETF has a 12 month low of $24.54 and a 12 month high of $25.26. The company’s 50 day moving average is $25.10 and its two-hundred day moving average is $25.12.

KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were paid a dividend of $0.0719 per share. The ex-dividend date was Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%.

About KraneShares Sustainable Ultra Short Duration Index ETF

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.