Avestar Capital LLC Cuts Stake in American Century Quality Convertible Securities ETF (BATS:QCON)

Avestar Capital LLC cut its position in American Century Quality Convertible Securities ETF (BATS:QCON) by 12.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,952 shares of the company’s stock after selling 2,793 shares during the period. Avestar Capital LLC’s holdings in American Century Quality Convertible Securities ETF were worth $863,000 as of its most recent SEC filing.

Separately, MML Investors Services LLC increased its holdings in American Century Quality Convertible Securities ETF by 27.2% in the 3rd quarter. MML Investors Services LLC now owns 8,202 shares of the company’s stock worth $368,000 after buying an additional 1,752 shares in the last quarter.

American Century Quality Convertible Securities ETF Stock Performance

Shares of BATS QCON opened at $46.96 on Friday. The company’s 50-day moving average is $46.29 and its 200-day moving average is $45.26. The stock has a market cap of $46.02 million, a P/E ratio of 26.61 and a beta of 0.51.

American Century Quality Convertible Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.0672 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from American Century Quality Convertible Securities ETF’s previous dividend of $0.06.

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.