Krane Funds Advisors LLC Has $202.56 Million Stock Position in KraneShares Sustainable Ultra Short Duration Index ETF $KCSH

Krane Funds Advisors LLC increased its stake in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) by 12.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 8,057,400 shares of the company’s stock after acquiring an additional 875,800 shares during the period. KraneShares Sustainable Ultra Short Duration Index ETF accounts for approximately 5.7% of Krane Funds Advisors LLC’s holdings, making the stock its 7th largest holding. Krane Funds Advisors LLC owned 0.98% of KraneShares Sustainable Ultra Short Duration Index ETF worth $202,563,000 as of its most recent filing with the Securities and Exchange Commission.

KraneShares Sustainable Ultra Short Duration Index ETF Price Performance

NYSEARCA:KCSH opened at $25.11 on Tuesday. KraneShares Sustainable Ultra Short Duration Index ETF has a 1 year low of $24.54 and a 1 year high of $25.26. The business has a 50 day simple moving average of $25.10 and a 200-day simple moving average of $25.12.

KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a dividend of $0.0719 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date was Thursday, January 29th.

KraneShares Sustainable Ultra Short Duration Index ETF Profile

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.