American Century Multisector Income ETF $MUSI Shares Sold by Fortis Group Advisors LLC

Fortis Group Advisors LLC trimmed its stake in shares of American Century Multisector Income ETF (NYSEARCA:MUSI) by 38.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,231 shares of the company’s stock after selling 19,871 shares during the period. Fortis Group Advisors LLC owned about 0.79% of American Century Multisector Income ETF worth $1,431,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Thrivent Financial for Lutherans purchased a new stake in American Century Multisector Income ETF in the 3rd quarter worth approximately $212,000. Raymond James Financial Inc. lifted its stake in shares of American Century Multisector Income ETF by 6.4% in the 2nd quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock valued at $3,064,000 after purchasing an additional 4,163 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of American Century Multisector Income ETF by 37.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock valued at $10,187,000 after purchasing an additional 62,871 shares during the period. Finally, Condor Capital Management boosted its holdings in American Century Multisector Income ETF by 2.8% during the second quarter. Condor Capital Management now owns 389,744 shares of the company’s stock worth $17,185,000 after buying an additional 10,558 shares in the last quarter.

American Century Multisector Income ETF Stock Performance

MUSI stock opened at $44.59 on Wednesday. American Century Multisector Income ETF has a one year low of $41.78 and a one year high of $44.75. The firm’s fifty day moving average is $44.26 and its 200 day moving average is $44.28.

American Century Multisector Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were issued a $0.203 dividend. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Thursday, February 5th. This is a positive change from American Century Multisector Income ETF’s previous monthly dividend of $0.19.

American Century Multisector Income ETF Profile

The American Century Multisector Income ETF (MUSI) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund seeks to provide a high level of current income via an actively managed broad-based, global bond portfolio without a specific target duration. MUSI was launched on Jun 29, 2021 and is managed by American Century Investments.