American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Trading 0.1% Higher – Here’s What Happened

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) shares rose 0.1% during mid-day trading on Tuesday . The company traded as high as $51.14 and last traded at $51.11. 8,874 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 21,910 shares. The stock had previously closed at $51.08.

American Century Short Duration Strategic Income ETF Stock Performance

The company’s 50-day moving average is $51.24 and its 200-day moving average is $51.41.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 9th. Stockholders of record on Tuesday, July 7th were paid a $0.1992 dividend. This is a positive change from American Century Short Duration Strategic Income ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, July 7th.

Institutional Trading of American Century Short Duration Strategic Income ETF

Several institutional investors have recently made changes to their positions in SDSI. IFP Advisors Inc grew its position in American Century Short Duration Strategic Income ETF by 55.8% in the fourth quarter. IFP Advisors Inc now owns 43,951 shares of the company’s stock worth $2,267,000 after acquiring an additional 15,749 shares during the period. Peak Planning Group LLC purchased a new stake in American Century Short Duration Strategic Income ETF in the fourth quarter valued at $536,000. Prevail Innovative Wealth Advisors LLC raised its position in American Century Short Duration Strategic Income ETF by 107.9% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 82,967 shares of the company’s stock valued at $4,279,000 after purchasing an additional 43,057 shares during the period. Kestra Private Wealth Services LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the 4th quarter valued at $584,000. Finally, HighTower Advisors LLC lifted its stake in shares of American Century Short Duration Strategic Income ETF by 18.0% in the 4th quarter. HighTower Advisors LLC now owns 151,391 shares of the company’s stock valued at $7,809,000 after purchasing an additional 23,098 shares during the last quarter.

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.