Merit Financial Group LLC Decreases Holdings in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

Merit Financial Group LLC lowered its holdings in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 2.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 379,023 shares of the company’s stock after selling 8,324 shares during the quarter. Merit Financial Group LLC owned about 0.07% of American Century Diversified Corporate Bond ETF worth $17,412,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. increased its stake in American Century Diversified Corporate Bond ETF by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 892,445 shares of the company’s stock valued at $41,070,000 after purchasing an additional 33,122 shares during the last quarter. Core Wealth Advisors Inc. boosted its holdings in shares of American Century Diversified Corporate Bond ETF by 1.2% in the 2nd quarter. Core Wealth Advisors Inc. now owns 302,498 shares of the company’s stock valued at $13,921,000 after buying an additional 3,574 shares in the last quarter. Calton & Associates Inc. purchased a new position in shares of American Century Diversified Corporate Bond ETF in the 3rd quarter valued at $841,000. Private Advisor Group LLC raised its stake in American Century Diversified Corporate Bond ETF by 86.2% during the 3rd quarter. Private Advisor Group LLC now owns 25,185 shares of the company’s stock worth $1,217,000 after acquiring an additional 11,661 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in American Century Diversified Corporate Bond ETF during the 3rd quarter worth $4,494,000.

American Century Diversified Corporate Bond ETF Stock Performance

NYSEARCA KORP opened at $45.95 on Friday. The company has a fifty day moving average of $46.33 and a two-hundred day moving average of $46.99. American Century Diversified Corporate Bond ETF has a 1 year low of $44.80 and a 1 year high of $48.57.

About American Century Diversified Corporate Bond ETF

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.