Royal Bank of Canada Trims Stake in American Century Diversified Corporate Bond ETF $KORP

Royal Bank of Canada reduced its stake in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 29.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 258,342 shares of the company’s stock after selling 109,671 shares during the quarter. Royal Bank of Canada owned approximately 1.52% of American Century Diversified Corporate Bond ETF worth $12,041,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Westside Investment Management Inc. raised its stake in shares of American Century Diversified Corporate Bond ETF by 51.6% in the fourth quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock worth $44,000 after buying an additional 320 shares during the period. Joseph P. Lucia & Associates LLC increased its holdings in American Century Diversified Corporate Bond ETF by 2.5% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 16,212 shares of the company’s stock worth $766,000 after acquiring an additional 390 shares in the last quarter. Calton & Associates Inc. increased its holdings in American Century Diversified Corporate Bond ETF by 2.3% in the 4th quarter. Calton & Associates Inc. now owns 21,151 shares of the company’s stock worth $999,000 after acquiring an additional 467 shares in the last quarter. Camarda Financial Advisors LLC raised its stake in American Century Diversified Corporate Bond ETF by 3.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 21,053 shares of the company’s stock worth $991,000 after acquiring an additional 632 shares during the period. Finally, Legacy Wealth Partners LLC raised its stake in American Century Diversified Corporate Bond ETF by 6.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 11,643 shares of the company’s stock worth $543,000 after acquiring an additional 734 shares during the period.

American Century Diversified Corporate Bond ETF Stock Up 0.2%

Shares of NYSEARCA:KORP opened at $45.99 on Friday. American Century Diversified Corporate Bond ETF has a 1-year low of $45.79 and a 1-year high of $48.16. The firm’s 50 day simple moving average is $46.45 and its two-hundred day simple moving average is $46.84.

American Century Diversified Corporate Bond ETF Company Profile

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.