American Century Diversified Municipal Bond ETF $TAXF Stock: ARQ Wealth Advisors LLC Raises Position

ARQ Wealth Advisors LLC grew its stake in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 108.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 136,207 shares of the company’s stock after acquiring an additional 70,733 shares during the quarter. ARQ Wealth Advisors LLC’s holdings in American Century Diversified Municipal Bond ETF were worth $6,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TAXF. Envestnet Asset Management Inc. raised its holdings in American Century Diversified Municipal Bond ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 2,446,137 shares of the company’s stock valued at $124,349,000 after buying an additional 145,628 shares during the period. Goldstein Advisors LLC raised its holdings in shares of American Century Diversified Municipal Bond ETF by 0.6% during the 3rd quarter. Goldstein Advisors LLC now owns 439,195 shares of the company’s stock valued at $20,811,000 after buying an additional 2,726 shares during the period. CX Institutional lifted its position in shares of American Century Diversified Municipal Bond ETF by 5.1% during the second quarter. CX Institutional now owns 428,304 shares of the company’s stock worth $21,773,000 after purchasing an additional 20,819 shares in the last quarter. IFP Advisors Inc grew its stake in shares of American Century Diversified Municipal Bond ETF by 4.3% during the third quarter. IFP Advisors Inc now owns 154,511 shares of the company’s stock valued at $7,322,000 after acquiring an additional 6,330 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of American Century Diversified Municipal Bond ETF by 9.1% during the 2nd quarter. NewEdge Advisors LLC now owns 116,750 shares of the company’s stock valued at $5,935,000 after buying an additional 9,773 shares during the last quarter.

American Century Diversified Municipal Bond ETF Price Performance

Shares of NYSEARCA:TAXF opened at $48.87 on Friday. The company’s fifty day moving average is $48.38 and its two-hundred day moving average is $49.96. American Century Diversified Municipal Bond ETF has a 1-year low of $46.89 and a 1-year high of $51.42.

American Century Diversified Municipal Bond ETF 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.