American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Declares Dividend Increase – $0.26 Per Share

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) announced a monthly dividend on Monday, December 15th. Shareholders of record on Tuesday, December 16th will be paid a dividend of 0.2582 per share on Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Tuesday, December 16th. This is a 44.4% increase from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.18.

American Century Short Duration Strategic Income ETF Stock Down 0.4%

NASDAQ SDSI opened at $51.40 on Tuesday. American Century Short Duration Strategic Income ETF has a 12 month low of $46.99 and a 12 month high of $51.95. The company has a 50-day moving average of $51.65 and a 200-day moving average of $51.49.

Hedge Funds Weigh In On American Century Short Duration Strategic Income ETF

A number of large investors have recently bought and sold shares of SDSI. IFP Advisors Inc boosted its holdings in shares of American Century Short Duration Strategic Income ETF by 28.7% in the 3rd quarter. IFP Advisors Inc now owns 28,203 shares of the company’s stock valued at $1,458,000 after purchasing an additional 6,295 shares during the last quarter. Citadel Advisors LLC boosted its holdings in American Century Short Duration Strategic Income ETF by 1.5% in 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. Prevail Innovative Wealth Advisors LLC grew its position in American Century Short Duration Strategic Income ETF by 77.8% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 39,910 shares of the company’s stock valued at $2,064,000 after acquiring an additional 17,463 shares during the period. American Century Companies Inc. grew its position in American Century Short Duration Strategic Income ETF by 67.2% during the third quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock valued at $48,605,000 after acquiring an additional 377,775 shares during the period. Finally, Weaver Consulting Group increased its stake in American Century Short Duration Strategic Income ETF by 37.6% during the third 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 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.