Flaharty Asset Management LLC Invests $30.43 Million in American Century Diversified Corporate Bond ETF $KORP

Flaharty Asset Management LLC purchased a new position in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 639,164 shares of the company’s stock, valued at approximately $30,426,000. American Century Diversified Corporate Bond ETF makes up 3.9% of Flaharty Asset Management LLC’s portfolio, making the stock its 8th largest position.

Several other large investors also recently added to or reduced their stakes in KORP. Gallagher Fiduciary Advisors LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF in the 2nd quarter worth about $45,308,000. Atria Investments Inc purchased a new stake in American Century Diversified Corporate Bond ETF in the 2nd quarter worth about $45,118,000. ARQ Wealth Advisors LLC purchased a new stake in American Century Diversified Corporate Bond ETF in the 2nd quarter worth about $9,821,000. Envestnet Asset Management Inc. lifted its stake in American Century Diversified Corporate Bond ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,492,628 shares of the company’s stock worth $70,258,000 after purchasing an additional 168,546 shares during the last quarter. Finally, J.W. Cole Advisors Inc. bought a new stake in American Century Diversified Corporate Bond ETF in the second quarter worth about $7,728,000.

American Century Diversified Corporate Bond ETF Price Performance

Shares of KORP stock opened at $47.46 on Friday. The stock has a 50 day moving average price of $47.41 and a 200 day moving average price of $47.39. American Century Diversified Corporate Bond ETF has a 52-week low of $44.81 and a 52-week 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.