CX Institutional Trims Stock Position in American Century Diversified Municipal Bond ETF $TAXF

CX Institutional lowered its position in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 16.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 358,295 shares of the company’s stock after selling 70,009 shares during the period. CX Institutional owned about 2.56% of American Century Diversified Municipal Bond ETF worth $16,978,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TAXF. Western Wealth Management LLC bought a new position in shares of American Century Diversified Municipal Bond ETF during the 1st quarter valued at about $25,000. Integrated Wealth Concepts LLC bought a new stake in American Century Diversified Municipal Bond ETF in the 2nd quarter worth approximately $169,000. Barnes Wealth Management Group Inc lifted its position in American Century Diversified Municipal Bond ETF by 5.6% in the 4th quarter. Barnes Wealth Management Group Inc now owns 4,383 shares of the company’s stock worth $221,000 after buying an additional 233 shares during the last quarter. Nwam LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the second quarter worth approximately $259,000. Finally, Unique Wealth LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the first quarter worth approximately $295,000.

American Century Diversified Municipal Bond ETF Stock Up 0.2%

NYSEARCA TAXF traded up $0.10 on Friday, reaching $47.77. 286,060 shares of the company’s stock traded hands, compared to its average volume of 59,788. American Century Diversified Municipal Bond ETF has a 12 month low of $46.91 and a 12 month high of $51.42. The stock has a 50-day simple moving average of $49.22 and a 200 day simple moving average of $50.00.

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.