Short Interest in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Rises By 474.0%

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 45,238 shares, a growth of 474.0% from the February 26th total of 7,881 shares. Based on an average daily trading volume, of 44,912 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 44,912 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of American Century Diversified Municipal Bond ETF

Institutional investors have recently made changes to their positions in the stock. Barnes Wealth Management Group Inc grew its holdings in shares of American Century Diversified Municipal Bond ETF by 5.6% in the fourth quarter. Barnes Wealth Management Group Inc now owns 4,383 shares of the company’s stock worth $221,000 after purchasing an additional 233 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in American Century Diversified Municipal Bond ETF by 1.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 63,532 shares of the company’s stock valued at $3,201,000 after buying an additional 1,164 shares during the last quarter. FAS Wealth Partners Inc. raised its holdings in American Century Diversified Municipal Bond ETF by 20.9% during the 4th quarter. FAS Wealth Partners Inc. now owns 88,133 shares of the company’s stock valued at $4,440,000 after buying an additional 15,220 shares during the last quarter. NewEdge Advisors LLC boosted its position in American Century Diversified Municipal Bond ETF by 7.8% during the 4th quarter. NewEdge Advisors LLC now owns 55,178 shares of the company’s stock valued at $2,780,000 after buying an additional 3,974 shares during the period. Finally, Equitable Holdings Inc. boosted its position in American Century Diversified Municipal Bond ETF by 76.7% during the 4th quarter. Equitable Holdings Inc. now owns 20,235 shares of the company’s stock valued at $1,019,000 after buying an additional 8,785 shares during the period.

American Century Diversified Municipal Bond ETF Trading Up 0.2%

Shares of NYSEARCA TAXF traded up $0.11 during midday trading on Wednesday, reaching $49.87. The company had a trading volume of 8,617 shares, compared to its average volume of 54,451. American Century Diversified Municipal Bond ETF has a one year low of $46.58 and a one year high of $51.42. The firm’s fifty day moving average price is $50.79 and its 200-day moving average price is $50.54.

American Century Diversified Municipal Bond ETF Increases Dividend

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

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.