Nwam LLC Takes Position in American Century Focused Dynamic Growth ETF $FDG

Nwam LLC acquired a new stake in shares of American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 158,772 shares of the company’s stock, valued at approximately $19,879,000. American Century Focused Dynamic Growth ETF accounts for about 1.0% of Nwam LLC’s holdings, making the stock its 16th largest position. Nwam LLC owned 0.05% of American Century Focused Dynamic Growth ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its holdings in American Century Focused Dynamic Growth ETF by 48.3% in the fourth quarter. IFP Advisors Inc now owns 29,806 shares of the company’s stock worth $3,781,000 after purchasing an additional 9,710 shares during the last quarter. Koenig Investment Advisory LLC purchased a new position in shares of American Century Focused Dynamic Growth ETF in the 4th quarter worth $1,864,000. Bank of New York Mellon Corp boosted its stake in shares of American Century Focused Dynamic Growth ETF by 11.2% in the 1st quarter. Bank of New York Mellon Corp now owns 247,468 shares of the company’s stock worth $28,224,000 after buying an additional 24,932 shares during the last quarter. JNBA Financial Advisors bought a new stake in shares of American Century Focused Dynamic Growth ETF in the second quarter worth $1,450,000. Finally, Strategic Advisors LLC purchased a new stake in American Century Focused Dynamic Growth ETF during the second quarter valued at $1,128,000.

American Century Focused Dynamic Growth ETF Stock Performance

Shares of NYSEARCA:FDG opened at $132.17 on Tuesday. The stock has a market capitalization of $417.66 million, a price-to-earnings ratio of 34.07 and a beta of 1.29. The stock’s 50-day simple moving average is $130.75 and its two-hundred day simple moving average is $127.81. American Century Focused Dynamic Growth ETF has a 52-week low of $108.74 and a 52-week high of $141.46.

American Century Focused Dynamic Growth ETF Profile

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model. FDG was launched on Mar 31, 2020 and is issued by American Century Investments.