PNC Financial Services Group Inc. Raises Stock Holdings in American Century Diversified Corporate Bond ETF $KORP

PNC Financial Services Group Inc. boosted its position in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 25.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 989,755 shares of the company’s stock after purchasing an additional 199,693 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.06% of American Century Diversified Corporate Bond ETF worth $46,132,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF during the 4th quarter valued at $40,000. Westside Investment Management Inc. lifted its position in American Century Diversified Corporate Bond ETF by 51.6% during the 4th quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock valued at $44,000 after acquiring an additional 320 shares during the period. Lloyd Advisory Services LLC. purchased a new position in American Century Diversified Corporate Bond ETF during the 4th quarter valued at about $52,000. Comerica Bank purchased a new position in American Century Diversified Corporate Bond ETF during the 4th quarter valued at about $99,000. Finally, Jones Financial Companies Lllp bought a new stake in American Century Diversified Corporate Bond ETF during the first quarter worth about $137,000.

American Century Diversified Corporate Bond ETF Stock Performance

Shares of KORP opened at $45.88 on Friday. American Century Diversified Corporate Bond ETF has a fifty-two week low of $45.83 and a fifty-two week high of $48.16. The firm’s 50-day simple moving average is $46.57 and its two-hundred day simple moving average is $46.94.

American Century Diversified Corporate Bond ETF Company Profile

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.