American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Trading Up 0% – Time to Buy?

Shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) shot up 0% during trading on Thursday . The company traded as high as $51.72 and last traded at $51.69. 11,555 shares were traded during mid-day trading, a decline of 50% from the average session volume of 23,033 shares. The stock had previously closed at $51.67.

American Century Short Duration Strategic Income ETF Stock Up 0.1%

The company’s fifty day simple moving average is $51.62 and its 200-day simple moving average is $51.57.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.2582 per share. This is a positive change from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of American Century Short Duration Strategic Income ETF

Several institutional investors have recently bought and sold shares of SDSI. Citadel Advisors LLC lifted its holdings in shares of American Century Short Duration Strategic Income ETF by 1.5% during the third quarter. Citadel Advisors LLC now owns 33,330 shares of the company’s stock valued at $1,723,000 after acquiring an additional 504 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of American Century Short Duration Strategic Income ETF during the 2nd quarter worth about $90,000. Prevail Innovative Wealth Advisors LLC lifted its holdings in American Century Short Duration Strategic Income ETF by 9.5% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 22,447 shares of the company’s stock valued at $1,156,000 after purchasing an additional 1,939 shares during the last quarter. Weaver Consulting Group boosted its position in American Century Short Duration Strategic Income ETF by 37.6% in the third quarter. Weaver Consulting Group now owns 7,316 shares of the company’s stock valued at $378,000 after buying an additional 2,000 shares in the last quarter. Finally, Nova Wealth Management Inc. grew its stake in American Century Short Duration Strategic Income ETF by 7,544.4% during the third quarter. Nova Wealth Management Inc. now owns 3,440 shares of the company’s stock worth $178,000 after buying an additional 3,395 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.