Spectrum Wealth Advisory Group LLC Makes New $806,000 Investment in American Century Quality Convertible Securities ETF (BATS:QCON)

Spectrum Wealth Advisory Group LLC bought a new position in American Century Quality Convertible Securities ETF (BATS:QCON) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,698 shares of the company’s stock, valued at approximately $806,000. American Century Quality Convertible Securities ETF comprises about 0.4% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 27th largest position. Spectrum Wealth Advisory Group LLC owned about 1.81% of American Century Quality Convertible Securities ETF as of its most recent SEC filing.

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

American Century Quality Convertible Securities ETF Price Performance

Shares of BATS:QCON opened at $46.94 on Friday. The stock has a market capitalization of $46.00 million, a PE ratio of 26.61 and a beta of 0.51. The stock has a 50-day moving average price of $46.28 and a 200-day moving average price of $45.31.

American Century Quality Convertible Securities ETF Increases Dividend

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