American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Trading Down 0.1% – Here’s Why

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) shares traded down 0.1% during mid-day trading on Monday . The company traded as low as $51.52 and last traded at $51.54. 18,582 shares traded hands during mid-day trading, an increase of 18% from the average session volume of 15,682 shares. The stock had previously closed at $51.61.

American Century Short Duration Strategic Income ETF Stock Down 0.1%

The firm has a 50 day moving average price of $51.65 and a 200 day moving average price of $51.48.

American Century Short Duration Strategic Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a dividend of $0.1788 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, December 1st.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of hedge funds have recently made changes to their positions in SDSI. Citadel Advisors LLC grew its position in American Century Short Duration Strategic Income ETF by 1.5% during the third quarter. Citadel Advisors LLC now owns 33,330 shares of the company’s stock valued at $1,723,000 after acquiring an additional 504 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of American Century Short Duration Strategic Income ETF during the second quarter valued at approximately $90,000. Prevail Innovative Wealth Advisors LLC lifted its position in shares of American Century Short Duration Strategic Income ETF by 9.5% in the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 22,447 shares of the company’s stock worth $1,156,000 after purchasing an additional 1,939 shares during the period. Weaver Consulting Group grew its holdings in shares of American Century Short Duration Strategic Income ETF by 37.6% during the 3rd quarter. Weaver Consulting Group now owns 7,316 shares of the company’s stock worth $378,000 after acquiring an additional 2,000 shares during the period. Finally, Nova Wealth Management Inc. raised its holdings in American Century Short Duration Strategic Income ETF by 7,544.4% in the third quarter. Nova Wealth Management Inc. now owns 3,440 shares of the company’s stock worth $178,000 after purchasing an additional 3,395 shares in the last quarter.

American Century Short Duration Strategic Income ETF Company 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.