American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Stock Price Up 0.1% – What’s Next?

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was up 0.1% during trading on Tuesday . The company traded as high as $51.14 and last traded at $51.11. Approximately 8,874 shares traded hands during trading, a decline of 59% from the average session volume of 21,910 shares. The stock had previously closed at $51.08.

American Century Short Duration Strategic Income ETF Trading Up 0.1%

The company’s fifty day simple moving average is $51.25 and its two-hundred day simple moving average is $51.41.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, July 9th. Stockholders of record on Tuesday, July 7th were given a dividend of $0.1992 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This is a positive change from American Century Short Duration Strategic Income ETF’s previous dividend of $0.18.

Hedge Funds Weigh In On American Century Short Duration Strategic Income ETF

A number of hedge funds have recently bought and sold shares of SDSI. Nova Wealth Management Inc. raised its stake in American Century Short Duration Strategic Income ETF by 305.6% during the fourth quarter. Nova Wealth Management Inc. now owns 13,953 shares of the company’s stock valued at $720,000 after buying an additional 10,513 shares in the last quarter. IFP Advisors Inc grew its position in shares of American Century Short Duration Strategic Income ETF by 55.8% in the 4th quarter. IFP Advisors Inc now owns 43,951 shares of the company’s stock worth $2,267,000 after acquiring an additional 15,749 shares in the last quarter. Peak Planning Group LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the 4th quarter worth approximately $536,000. Kestra Private Wealth Services LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the 4th quarter worth approximately $584,000. Finally, Prevail Innovative Wealth Advisors LLC increased its holdings in shares of American Century Short Duration Strategic Income ETF by 107.9% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 82,967 shares of the company’s stock valued at $4,279,000 after acquiring an additional 43,057 shares during the last quarter.

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.