Financial Advocates Investment Management Sells 6,320 Shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Financial Advocates Investment Management trimmed its position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 17.9% in the fourth quarter, HoldingsChannel reports. The firm owned 29,068 shares of the company’s stock after selling 6,320 shares during the quarter. Financial Advocates Investment Management’s holdings in American Century Diversified Municipal Bond ETF were worth $1,457,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC boosted its stake in shares of American Century Diversified Municipal Bond ETF by 8.6% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 38,695 shares of the company’s stock worth $1,990,000 after buying an additional 3,065 shares during the last quarter. CWM LLC lifted its holdings in American Century Diversified Municipal Bond ETF by 25.2% during the third quarter. CWM LLC now owns 959,910 shares of the company’s stock worth $49,359,000 after acquiring an additional 193,126 shares during the period. GEM Asset Management LLC boosted its position in American Century Diversified Municipal Bond ETF by 1.1% in the third quarter. GEM Asset Management LLC now owns 66,934 shares of the company’s stock worth $3,414,000 after purchasing an additional 698 shares during the last quarter. First Affirmative Financial Network grew its stake in American Century Diversified Municipal Bond ETF by 4.5% in the 3rd quarter. First Affirmative Financial Network now owns 12,232 shares of the company’s stock valued at $629,000 after purchasing an additional 527 shares during the period. Finally, CX Institutional grew its stake in American Century Diversified Municipal Bond ETF by 2.7% in the 3rd quarter. CX Institutional now owns 509,397 shares of the company’s stock valued at $26,193,000 after purchasing an additional 13,627 shares during the period.

American Century Diversified Municipal Bond ETF Trading Down 0.1 %

NYSEARCA TAXF opened at $50.34 on Friday. The business’s fifty day moving average is $50.35 and its 200-day moving average is $50.71. American Century Diversified Municipal Bond ETF has a one year low of $49.61 and a one year high of $51.63.

American Century Diversified Municipal Bond ETF Company Profile

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.