Cwm LLC Grows Stake in American Century Diversified Municipal Bond ETF $TAXF

Cwm LLC grew its holdings in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 3.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,389,743 shares of the company’s stock after acquiring an additional 51,206 shares during the quarter. Cwm LLC owned about 12.63% of American Century Diversified Municipal Bond ETF worth $70,015,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TAXF. Orion Porfolio Solutions LLC increased its holdings in shares of American Century Diversified Municipal Bond ETF by 926.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 394,034 shares of the company’s stock valued at $19,280,000 after acquiring an additional 355,659 shares during the last quarter. Jane Street Group LLC grew its stake in American Century Diversified Municipal Bond ETF by 477.4% during the 2nd quarter. Jane Street Group LLC now owns 319,153 shares of the company’s stock worth $15,616,000 after buying an additional 263,876 shares during the last quarter. CX Institutional grew its stake in American Century Diversified Municipal Bond ETF by 34.8% during the 3rd quarter. CX Institutional now owns 393,705 shares of the company’s stock worth $19,776,000 after buying an additional 101,677 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in American Century Diversified Municipal Bond ETF during the 3rd quarter worth approximately $2,778,000. Finally, Raymond James Financial Inc. grew its stake in American Century Diversified Municipal Bond ETF by 27.1% during the 3rd quarter. Raymond James Financial Inc. now owns 173,658 shares of the company’s stock worth $8,723,000 after buying an additional 37,015 shares during the last quarter.

American Century Diversified Municipal Bond ETF Stock Performance

NYSEARCA:TAXF opened at $50.34 on Thursday. The stock’s 50 day moving average price is $50.61 and its 200 day moving average price is $50.55. American Century Diversified Municipal Bond ETF has a 52-week low of $47.90 and a 52-week high of $51.42.

American Century Diversified Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were paid a dividend of $0.193 per share. The ex-dividend date was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a boost from American Century Diversified Municipal Bond ETF’s previous monthly dividend of $0.14.

About American Century Diversified Municipal Bond ETF

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.