Merit Financial Group LLC Sells 40,821 Shares of American Century Diversified Corporate Bond ETF $KORP

Merit Financial Group LLC cut its holdings in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 36.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,072 shares of the company’s stock after selling 40,821 shares during the quarter. Merit Financial Group LLC’s holdings in American Century Diversified Corporate Bond ETF were worth $3,345,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Westside Investment Management Inc. grew its position in shares of American Century Diversified Corporate Bond ETF by 210.0% in the 1st quarter. Westside Investment Management Inc. now owns 620 shares of the company’s stock worth $29,000 after buying an additional 420 shares during the period. Nova Wealth Management Inc. purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the 2nd quarter worth about $35,000. Harbour Investments Inc. purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the 1st quarter worth about $65,000. Capital Analysts LLC purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the 1st quarter worth about $102,000. Finally, Jones Financial Companies Lllp purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the 1st quarter worth about $137,000.

American Century Diversified Corporate Bond ETF Stock Up 0.1%

NYSEARCA:KORP opened at $47.57 on Wednesday. The firm’s 50-day moving average price is $47.35 and its 200-day moving average price is $46.66. American Century Diversified Corporate Bond ETF has a 1-year low of $44.81 and a 1-year high of $48.03.

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.