Pacific Life Fund Advisors LLC Reduces Position in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

Pacific Life Fund Advisors LLC cut its holdings in shares of American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 421,437 shares of the company’s stock after selling 10,849 shares during the period. American Century Diversified Corporate Bond ETF comprises approximately 2.0% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Pacific Life Fund Advisors LLC owned approximately 0.09% of American Century Diversified Corporate Bond ETF worth $19,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KORP. Private Advisor Group LLC raised its position in shares of American Century Diversified Corporate Bond ETF by 51.6% in the third quarter. Private Advisor Group LLC now owns 7,461 shares of the company’s stock worth $332,000 after acquiring an additional 2,539 shares during the period. Starfox Financial Services LLC raised its position in shares of American Century Diversified Corporate Bond ETF by 12.5% in the third quarter. Starfox Financial Services LLC now owns 59,346 shares of the company’s stock worth $2,641,000 after acquiring an additional 6,591 shares during the period. Sowell Financial Services LLC acquired a new position in shares of American Century Diversified Corporate Bond ETF in the third quarter worth about $863,000. Envestnet Asset Management Inc. raised its position in shares of American Century Diversified Corporate Bond ETF by 4.7% in the third quarter. Envestnet Asset Management Inc. now owns 775,362 shares of the company’s stock worth $34,497,000 after acquiring an additional 34,595 shares during the period. Finally, Core Wealth Advisors Inc. acquired a new position in shares of American Century Diversified Corporate Bond ETF in the third quarter worth about $13,424,000.

American Century Diversified Corporate Bond ETF Trading Up 0.2 %

Shares of American Century Diversified Corporate Bond ETF stock traded up $0.08 during trading hours on Friday, reaching $45.81. The stock had a trading volume of 4,913 shares, compared to its average volume of 21,287. American Century Diversified Corporate Bond ETF has a twelve month low of $43.53 and a twelve month high of $46.69. The stock’s 50 day moving average is $45.65 and its 200 day moving average is $45.85.

American Century Diversified Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 3rd. Investors of record on Tuesday, April 2nd were given a dividend of $0.1773 per share. The ex-dividend date was Monday, April 1st. This is an increase from American Century Diversified Corporate Bond ETF’s previous dividend of $0.17.

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.