McAdam LLC Cuts Position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

McAdam LLC trimmed its holdings in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 5.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,119 shares of the company’s stock after selling 250 shares during the period. McAdam LLC’s holdings in American Century Diversified Municipal Bond ETF were worth $207,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TAXF. First Horizon Advisors Inc. purchased a new position in American Century Diversified Municipal Bond ETF during the 3rd quarter worth $60,000. Arrowroot Family Office LLC grew its stake in American Century Diversified Municipal Bond ETF by 14.7% during the 3rd quarter. Arrowroot Family Office LLC now owns 4,727 shares of the company’s stock worth $243,000 after buying an additional 607 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in American Century Diversified Municipal Bond ETF by 12.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 5,522 shares of the company’s stock worth $284,000 after buying an additional 602 shares during the last quarter. Merit Financial Group LLC grew its stake in American Century Diversified Municipal Bond ETF by 33.6% during the 4th quarter. Merit Financial Group LLC now owns 10,401 shares of the company’s stock valued at $521,000 after purchasing an additional 2,613 shares during the last quarter. Finally, First Affirmative Financial Network grew its stake in American Century Diversified Municipal Bond ETF by 4.5% during 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 last quarter.

American Century Diversified Municipal Bond ETF Trading Down 0.1 %

American Century Diversified Municipal Bond ETF stock opened at $50.13 on Tuesday. The business’s 50-day simple moving average is $50.38 and its two-hundred day simple moving average is $50.72. American Century Diversified Municipal Bond ETF has a fifty-two week low of $49.61 and a fifty-two week high of $51.63.

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.