Envestnet Asset Management Inc. Boosts Stock Position in American Century Quality Convertible Securities ETF (BATS:QCON)

Envestnet Asset Management Inc. grew its holdings in shares of American Century Quality Convertible Securities ETF (BATS:QCON) by 3.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 500,386 shares of the company’s stock after acquiring an additional 18,005 shares during the quarter. Envestnet Asset Management Inc. owned 0.51% of American Century Quality Convertible Securities ETF worth $21,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Hartline Investment Corp bought a new position in American Century Quality Convertible Securities ETF during the first quarter valued at about $469,000.

American Century Quality Convertible Securities ETF Price Performance

BATS QCON opened at $44.49 on Monday. The stock has a market capitalization of $43.60 million, a P/E ratio of 26.61 and a beta of 0.51. The stock’s 50-day moving average is $43.24 and its 200-day moving average is $42.58.

American Century Quality Convertible Securities ETF Cuts Dividend

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

American Century Quality Convertible Securities ETF Company 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.