Livingston Group Asset Management CO operating as Southport Capital Management Makes New Investment in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 10,924 shares of the company’s stock, valued at approximately $560,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of American Century Diversified Corporate Bond ETF by 24.3% during the third quarter. Envestnet Asset Management Inc. now owns 307,399 shares of the company’s stock worth $15,782,000 after buying an additional 60,043 shares during the period. Flaharty Asset Management LLC lifted its stake in American Century Diversified Corporate Bond ETF by 86.7% in the third quarter. Flaharty Asset Management LLC now owns 36,825 shares of the company’s stock worth $1,891,000 after acquiring an additional 17,105 shares during the last quarter. Jane Street Group LLC lifted its stake in American Century Diversified Corporate Bond ETF by 62.3% in the second quarter. Jane Street Group LLC now owns 24,919 shares of the company’s stock worth $1,269,000 after acquiring an additional 9,568 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in American Century Diversified Corporate Bond ETF during the 3rd quarter worth approximately $248,000. Finally, Royal Bank of Canada grew its holdings in American Century Diversified Corporate Bond ETF by 14.6% during the 2nd quarter. Royal Bank of Canada now owns 4,008 shares of the company’s stock worth $204,000 after acquiring an additional 512 shares in the last quarter.

Shares of NYSEARCA:KORP traded down $0.05 during trading hours on Thursday, reaching $51.46. The stock had a trading volume of 332 shares, compared to its average volume of 3,910. American Century Diversified Corporate Bond ETF has a 1 year low of $48.42 and a 1 year high of $51.59. The firm’s 50 day moving average is $51.31 and its 200-day moving average is $51.19.

The company also recently disclosed a monthly dividend, which was paid on Monday, December 30th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.1669 per share. This is a boost from American Century Diversified Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a $2.00 annualized dividend and a dividend yield of 3.89%. The ex-dividend date was Monday, December 23rd.

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Institutional Ownership by Quarter for American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

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