American Century Diversified Corporate Bond ETF (NYSEARCA:KORP – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 7,660 shares, a drop of 70.5% from the August 31st total of 25,998 shares. Based on an average daily volume of 129,480 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of American Century Diversified Corporate Bond ETF by 48.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,112,479 shares of the company’s stock worth $150,884,000 after acquiring an additional 1,012,922 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in American Century Diversified Corporate Bond ETF by 25.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 989,755 shares of the company’s stock valued at $46,132,000 after acquiring an additional 199,693 shares during the last quarter. Private Advisor Group LLC lifted its stake in American Century Diversified Corporate Bond ETF by 9.0% in the 1st quarter. Private Advisor Group LLC now owns 262,282 shares of the company’s stock worth $12,225,000 after purchasing an additional 21,549 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in American Century Diversified Corporate Bond ETF by 7.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 187,632 shares of the company’s stock worth $8,866,000 after purchasing an additional 12,906 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of American Century Diversified Corporate Bond ETF by 283.2% during the 1st quarter. Bank of America Corp DE now owns 177,797 shares of the company’s stock valued at $8,287,000 after purchasing an additional 131,399 shares during the last quarter.
American Century Diversified Corporate Bond ETF Trading Up 0.1%
Shares of American Century Diversified Corporate Bond ETF stock traded up $0.04 during trading hours on Friday, reaching $44.79. 146,435 shares of the stock traded hands, compared to its average volume of 102,757. The company has a 50 day moving average price of $45.74 and a 200 day moving average price of $46.35. American Century Diversified Corporate Bond ETF has a one year low of $44.65 and a one year high of $48.16.
About American Century Diversified Corporate Bond ETF
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.
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