Avestar Capital LLC Sells 3,192 Shares of American Century Quality Convertible Securities ETF (BATS:QCON)

Avestar Capital LLC cut its holdings in American Century Quality Convertible Securities ETF (BATS:QCON) by 12.8% during the 3rd quarter, Holdings Channel reports. The fund owned 21,745 shares of the company’s stock after selling 3,192 shares during the period. Avestar Capital LLC’s holdings in American Century Quality Convertible Securities ETF were worth $976,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Envestnet Asset Management Inc. lifted its position in shares of American Century Quality Convertible Securities ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 500,386 shares of the company’s stock valued at $21,281,000 after buying an additional 18,005 shares in the last quarter.

American Century Quality Convertible Securities ETF Stock Up 0.1 %

American Century Quality Convertible Securities ETF stock opened at $47.37 on Wednesday. The stock has a market cap of $46.42 million, a price-to-earnings ratio of 26.61 and a beta of 0.51. The business has a 50-day moving average price of $45.39 and a 200 day moving average price of $43.68.

American Century Quality Convertible Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.063 per share. The ex-dividend date was Tuesday, September 3rd.

American Century Quality Convertible Securities ETF Profile

The American Century Quality Convertible Securities ETF (QCON) is an exchange-traded fund that is based on the ICE BofA Convertible index. The fund is actively managed to provide an investment portfolio of US convertible securities, of any credit quality, using a proprietary screening method. QCON was launched on Feb 16, 2021 and is managed by American Century Investments.