Envestnet Asset Management Inc. Acquires 265,215 Shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

Envestnet Asset Management Inc. raised its position in shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 26.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,249,993 shares of the company’s stock after buying an additional 265,215 shares during the quarter. Envestnet Asset Management Inc. owned 0.24% of American Century Diversified Corporate Bond ETF worth $57,425,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. MML Investors Services LLC raised its holdings in shares of American Century Diversified Corporate Bond ETF by 3.0% in the 3rd quarter. MML Investors Services LLC now owns 7,788 shares of the company’s stock worth $376,000 after acquiring an additional 229 shares during the last quarter. Raymond James Financial Inc. purchased a new position in American Century Diversified Corporate Bond ETF in the 4th quarter valued at approximately $3,214,000. Partners Wealth Management LLC purchased a new position in shares of American Century Diversified Corporate Bond ETF during the 4th quarter valued at $976,000. Commonwealth Equity Services LLC grew its position in shares of American Century Diversified Corporate Bond ETF by 52.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 105,340 shares of the company’s stock valued at $4,839,000 after purchasing an additional 36,083 shares in the last quarter. Finally, Lindenwold Advisors INC lifted its holdings in shares of American Century Diversified Corporate Bond ETF by 8.5% during the 4th quarter. Lindenwold Advisors INC now owns 122,385 shares of the company’s stock worth $5,622,000 after acquiring an additional 9,606 shares during the last quarter.

American Century Diversified Corporate Bond ETF Stock Up 1.5 %

NYSEARCA KORP opened at $46.15 on Thursday. The company has a fifty day moving average of $46.48 and a 200-day moving average of $46.62. American Century Diversified Corporate Bond ETF has a 52-week low of $44.80 and a 52-week high of $48.57.

American Century Diversified Corporate Bond ETF 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.