B. Riley Wealth Advisors Inc. Reduces Position in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP)

B. Riley Wealth Advisors Inc. trimmed its holdings in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) by 37.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,996 shares of the company’s stock after selling 3,645 shares during the quarter. B. Riley Wealth Advisors Inc. owned about 0.11% of American Century Diversified Corporate Bond ETF worth $276,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in KORP. Commonwealth Equity Services LLC raised its stake in American Century Diversified Corporate Bond ETF by 113.6% during the first quarter. Commonwealth Equity Services LLC now owns 70,753 shares of the company’s stock worth $3,274,000 after purchasing an additional 37,628 shares during the period. Envestnet Asset Management Inc. raised its position in shares of American Century Diversified Corporate Bond ETF by 3.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 892,445 shares of the company’s stock valued at $41,070,000 after buying an additional 33,122 shares during the period. J.W. Cole Advisors Inc. acquired a new position in American Century Diversified Corporate Bond ETF in the second quarter valued at approximately $1,186,000. Private Advisor Group LLC purchased a new position in American Century Diversified Corporate Bond ETF in the second quarter worth approximately $622,000. Finally, Flaharty Asset Management LLC increased its stake in American Century Diversified Corporate Bond ETF by 3.1% during the second quarter. Flaharty Asset Management LLC now owns 405,417 shares of the company’s stock worth $18,657,000 after acquiring an additional 12,283 shares during the last quarter.

American Century Diversified Corporate Bond ETF Stock Performance

NYSEARCA:KORP opened at $47.50 on Wednesday. American Century Diversified Corporate Bond ETF has a 52 week low of $43.53 and a 52 week high of $48.57. The stock’s fifty day moving average is $47.83 and its two-hundred day moving average is $46.59.

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.