Capital Investment Counsel Inc grew its position in AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL – Free Report) by 133.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 14,000 shares of the company’s stock after buying an additional 8,000 shares during the quarter. Capital Investment Counsel Inc’s holdings in AB Tax-Aware Long Municipal ETF were worth $348,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC purchased a new position in AB Tax-Aware Long Municipal ETF in the 4th quarter valued at $1,011,000. Jane Street Group LLC purchased a new position in shares of AB Tax-Aware Long Municipal ETF in the fourth quarter worth about $1,049,000. Beacon Pointe Advisors LLC acquired a new position in AB Tax-Aware Long Municipal ETF during the fourth quarter worth about $379,000. Envestnet Asset Management Inc. raised its holdings in AB Tax-Aware Long Municipal ETF by 2.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 28,227 shares of the company’s stock valued at $710,000 after acquiring an additional 788 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in AB Tax-Aware Long Municipal ETF by 15.7% in the 4th quarter. Alliancebernstein L.P. now owns 1,151,369 shares of the company’s stock worth $28,974,000 after purchasing an additional 155,992 shares in the last quarter.
AB Tax-Aware Long Municipal ETF Stock Performance
Shares of AB Tax-Aware Long Municipal ETF stock opened at $24.31 on Thursday. The stock’s 50 day simple moving average is $24.32 and its 200-day simple moving average is $24.74. AB Tax-Aware Long Municipal ETF has a 1-year low of $23.40 and a 1-year high of $25.95.
AB Tax-Aware Long Municipal ETF Profile
The AB Tax-Aware Long Municipal ETF (TAFL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 7 to 14 years. TAFL was launched on Dec 13, 2023 and is issued by AB Funds.
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Want to see what other hedge funds are holding TAFL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL – Free Report).
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