Great Lakes Advisors, LLC has increased its stake in American Century ETF Trust, now owning 5.4% of the company. This significant move highlights the investment firm's growing interest in the exchange-traded fund (ETF) sector.
American Century ETF Trust is an investment entity based in Kansas City, Missouri. The company is known for its range of investment products, particularly in the ETF space. This recent filing is part of a series of disclosures made on November 13, 2026, indicating a strategic adjustment in ownership.
According to the latest SEC filing, Great Lakes Advisors beneficially owns 590,114 shares of American Century ETF Trust. The filing states, "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business." This suggests that the acquisition was made with no intent to influence control over the company.
This increase in ownership could affect various stakeholders within the investment community, including other investment firms, shareholders, and potential investors. As the ETF market continues to grow, competition among investment management firms is expected to intensify.
The filing does not say what happens next.
Details of the Filing
The Schedule 13G/A filing indicates that Great Lakes Advisors, LLC is classified as an investment adviser (IA), which aligns with its role in managing investment portfolios for clients. This classification is significant as it highlights the firm's regulatory obligations and its focus on providing investment advice.
The filing also notes that the beneficially owned shares represent 5.4% of the total shares outstanding, which equates to 590,114 shares. Notably, Great Lakes Advisors has sole voting and disposal power over all of these shares, indicating a strong position in the company's ownership structure.
Background Information
American Century ETF Trust is incorporated in Delaware and has its principal executive office located at 4500 Main Street, Kansas City, Missouri. The trust operates under the fiscal year ending August 31, which is relevant for stakeholders monitoring its financial performance and reporting.
The filing does not provide information on how this increase in ownership may impact the management or strategic direction of American Century ETF Trust.
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