IFP Advisors Inc Grows Position in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI)

IFP Advisors Inc grew its stake in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) by 40.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,342 shares of the company’s stock after buying an additional 4,433 shares during the quarter. IFP Advisors Inc’s holdings in American Century Short Duration Strategic Income ETF were worth $780,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. U.S. Capital Wealth Advisors LLC grew its stake in shares of American Century Short Duration Strategic Income ETF by 27.5% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock valued at $302,000 after acquiring an additional 1,279 shares during the period. Joseph P. Lucia & Associates LLC purchased a new position in American Century Short Duration Strategic Income ETF during the fourth quarter valued at approximately $498,000. Tandem Financial LLC purchased a new position in American Century Short Duration Strategic Income ETF during the fourth quarter valued at approximately $126,000. Finally, Unique Wealth LLC boosted its position in shares of American Century Short Duration Strategic Income ETF by 45.3% in the fourth quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock worth $767,000 after purchasing an additional 4,702 shares during the period.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of SDSI stock opened at $51.33 on Friday. American Century Short Duration Strategic Income ETF has a one year low of $50.35 and a one year high of $52.01. The company’s fifty day moving average price is $51.02 and its 200-day moving average price is $51.27.

American Century Short Duration Strategic Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1997 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

About American Century Short Duration Strategic Income ETF

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.