26,500 Shares of AB Tax-Aware Long Municipal ETF $TAFL Purchased by Tortoise Investment Management LLC

Tortoise Investment Management LLC acquired a new stake in AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,500 shares of the company’s stock, valued at approximately $620,000. Tortoise Investment Management LLC owned 1.06% of AB Tax-Aware Long Municipal ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in TAFL. Envestnet Asset Management Inc. increased its stake in AB Tax-Aware Long Municipal ETF by 30.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 93,872 shares of the company’s stock worth $2,378,000 after buying an additional 21,829 shares during the period. Commonwealth Equity Services LLC acquired a new stake in AB Tax-Aware Long Municipal ETF during the 3rd quarter worth approximately $1,787,000. Finally, Heck Capital Advisors LLC lifted its holdings in AB Tax-Aware Long Municipal ETF by 0.6% during the 2nd quarter. Heck Capital Advisors LLC now owns 138,037 shares of the company’s stock worth $3,497,000 after buying an additional 807 shares in the last quarter.

AB Tax-Aware Long Municipal ETF Price Performance

Shares of TAFL stock opened at $24.08 on Friday. AB Tax-Aware Long Municipal ETF has a 52 week low of $23.04 and a 52 week high of $25.55. The firm has a 50 day moving average of $23.81 and a two-hundred day moving average of $24.70.

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.