Envestnet Asset Management Inc. Buys 62,871 Shares of American Century Multisector Income ETF $MUSI

Envestnet Asset Management Inc. lifted its stake in shares of American Century Multisector Income ETF (NYSEARCA:MUSI) by 37.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 229,308 shares of the company’s stock after acquiring an additional 62,871 shares during the period. Envestnet Asset Management Inc. owned approximately 0.06% of American Century Multisector Income ETF worth $10,187,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Condor Capital Management lifted its stake in American Century Multisector Income ETF by 2.8% during the second quarter. Condor Capital Management now owns 389,744 shares of the company’s stock worth $17,185,000 after purchasing an additional 10,558 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of American Century Multisector Income ETF by 6.4% during the 2nd quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock valued at $3,064,000 after buying an additional 4,163 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new stake in American Century Multisector Income ETF in the third quarter worth approximately $212,000.

American Century Multisector Income ETF Price Performance

MUSI stock opened at $44.55 on Thursday. American Century Multisector Income ETF has a one year low of $41.78 and a one year high of $44.75. The company’s 50 day moving average price is $44.26 and its two-hundred day moving average price is $44.28.

American Century Multisector Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a dividend of $0.203 per share. The ex-dividend date was Thursday, February 5th. This is a positive change from American Century Multisector Income ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 5.5%.

American Century Multisector Income ETF Company Profile

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.