American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Stock Price Up 0.1% – Time to Buy?

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) shares shot up 0.1% on Tuesday . The company traded as high as $51.67 and last traded at $51.64. 5,558 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 16,023 shares. The stock had previously closed at $51.60.

American Century Short Duration Strategic Income ETF Stock Up 0.1%

The stock’s fifty day moving average price is $51.66 and its two-hundred day moving average price is $51.39.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were paid a $0.2057 dividend. This is a boost from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, November 3rd.

Institutional Investors Weigh In On American Century Short Duration Strategic Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Advisory Services LLC purchased a new stake in American Century Short Duration Strategic Income ETF during the 2nd quarter valued at about $90,000. Nova Wealth Management Inc. lifted its position in American Century Short Duration Strategic Income ETF by 7,544.4% in the third quarter. Nova Wealth Management Inc. now owns 3,440 shares of the company’s stock valued at $178,000 after purchasing an additional 3,395 shares during the last quarter. Joseph P. Lucia & Associates LLC boosted its stake in shares of American Century Short Duration Strategic Income ETF by 60.1% during the first quarter. Joseph P. Lucia & Associates LLC now owns 15,668 shares of the company’s stock valued at $804,000 after purchasing an additional 5,879 shares during the period. Jane Street Group LLC grew its holdings in shares of American Century Short Duration Strategic Income ETF by 242.2% in the second quarter. Jane Street Group LLC now owns 20,188 shares of the company’s stock worth $1,040,000 after purchasing an additional 14,288 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC bought a new position in shares of American Century Short Duration Strategic Income ETF in the first quarter worth approximately $1,052,000.

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.