JPMorgan Chase & Co. Acquires 40,356 Shares of American Century Diversified Corporate Bond ETF $KORP

JPMorgan Chase & Co. lifted its holdings in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 71.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,062 shares of the company’s stock after buying an additional 40,356 shares during the period. JPMorgan Chase & Co. owned about 0.73% of American Century Diversified Corporate Bond ETF worth $4,620,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Gallagher Fiduciary Advisors LLC bought a new position in shares of American Century Diversified Corporate Bond ETF in the 2nd quarter valued at about $45,308,000. Flaharty Asset Management LLC bought a new stake in American Century Diversified Corporate Bond ETF during the third quarter worth approximately $30,426,000. ARQ Wealth Advisors LLC purchased a new stake in American Century Diversified Corporate Bond ETF during the second quarter valued at approximately $9,821,000. PNC Financial Services Group Inc. lifted its stake in shares of American Century Diversified Corporate Bond ETF by 62.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 516,948 shares of the company’s stock valued at $24,607,000 after purchasing an additional 197,904 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of American Century Diversified Corporate Bond ETF by 298.6% in the 3rd quarter. Private Advisor Group LLC now owns 227,417 shares of the company’s stock valued at $10,825,000 after purchasing an additional 170,365 shares during the last quarter.

American Century Diversified Corporate Bond ETF Trading Up 0.4%

Shares of American Century Diversified Corporate Bond ETF stock opened at $46.87 on Friday. The stock has a 50 day moving average price of $47.24 and a 200-day moving average price of $47.43. American Century Diversified Corporate Bond ETF has a one year low of $44.81 and a one year high of $48.16.

American Century Diversified Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.208 per share. The ex-dividend date of this dividend was Thursday, February 5th. This is a positive change from American Century Diversified Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 5.3%.

About American Century Diversified Corporate Bond ETF

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.