NewEdge Advisors LLC Invests $558,000 in American Century Short Duration Strategic Income ETF $SDSI

NewEdge Advisors LLC acquired a new stake in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,878 shares of the company’s stock, valued at approximately $558,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Steward Partners Investment Advisory LLC bought a new position in American Century Short Duration Strategic Income ETF during the fourth quarter worth $127,000. Nations Financial Group Inc. IA ADV bought a new stake in American Century Short Duration Strategic Income ETF in the 1st quarter valued at $227,000. Beacon Financial Advisory LLC bought a new stake in American Century Short Duration Strategic Income ETF in the 1st quarter valued at $231,000. Weaver Consulting Group grew its position in American Century Short Duration Strategic Income ETF by 13.7% in the 4th quarter. Weaver Consulting Group now owns 8,316 shares of the company’s stock worth $429,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Peak Planning Group LLC acquired a new stake in American Century Short Duration Strategic Income ETF in the 4th quarter worth $536,000.

American Century Short Duration Strategic Income ETF Stock Performance

NASDAQ:SDSI opened at $51.18 on Friday. The firm’s 50-day moving average is $51.22 and its 200-day moving average is $51.35. American Century Short Duration Strategic Income ETF has a 52-week low of $50.96 and a 52-week high of $52.04.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 10th. Investors of record on Thursday, August 6th were paid a $0.209 dividend. The ex-dividend date was Thursday, August 6th. This is a boost from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.9%.

About American Century Short Duration Strategic Income ETF

The American Century Short Duration Strategic Income ETF (SDSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a broad portfolio of short-duration fixed income securities. The fund seeks to mitigate the impact of rising interest rates. SDSI was launched on Oct 11, 2022 and is managed by American Century Investments.