Dakota Wealth Management Reduces Stock Position in American Century Multisector Income ETF (NYSEARCA:MUSI)

Dakota Wealth Management lowered its position in shares of American Century Multisector Income ETF (NYSEARCA:MUSI) by 14.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 212,965 shares of the company’s stock after selling 35,654 shares during the quarter. Dakota Wealth Management’s holdings in American Century Multisector Income ETF were worth $9,198,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MUSI. Envestnet Asset Management Inc. lifted its position in shares of American Century Multisector Income ETF by 50.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 87,214 shares of the company’s stock worth $3,754,000 after purchasing an additional 29,336 shares during the period. Fortis Group Advisors LLC purchased a new stake in shares of American Century Multisector Income ETF in the 3rd quarter worth about $1,443,000. Benjamin Edwards Inc. purchased a new stake in shares of American Century Multisector Income ETF in the 3rd quarter worth about $493,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of American Century Multisector Income ETF by 93.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 6,904 shares of the company’s stock worth $297,000 after purchasing an additional 3,340 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of American Century Multisector Income ETF in the 3rd quarter worth about $281,000.

American Century Multisector Income ETF Price Performance

Shares of NYSEARCA MUSI opened at $43.44 on Wednesday. American Century Multisector Income ETF has a 1 year low of $42.28 and a 1 year high of $44.90. The firm has a 50-day moving average of $43.47 and a 200 day moving average of $43.84.

American Century Multisector Income ETF Company Profile

The American Century Multisector Income ETF (MUSI) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund seeks to provide a high level of current income via an actively managed broad-based, global bond portfolio without a specific target duration. MUSI was launched on Jun 29, 2021 and is managed by American Century Investments.