Short Interest in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Rises By 347.8%

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 38,159 shares, a growth of 347.8% from the January 15th total of 8,521 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 58,615 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 58,615 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On American Century Diversified Municipal Bond ETF

A number of large investors have recently bought and sold shares of the stock. Caldwell Trust Co purchased a new stake in shares of American Century Diversified Municipal Bond ETF during the 2nd quarter valued at $38,000. Advisory Services Network LLC acquired a new position in American Century Diversified Municipal Bond ETF in the third quarter valued at $103,000. Farther Finance Advisors LLC boosted its holdings in American Century Diversified Municipal Bond ETF by 1,646.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,934 shares of the company’s stock valued at $148,000 after acquiring an additional 2,766 shares during the last quarter. Jones Financial Companies Lllp grew its position in American Century Diversified Municipal Bond ETF by 34.1% during the third quarter. Jones Financial Companies Lllp now owns 3,129 shares of the company’s stock valued at $157,000 after acquiring an additional 796 shares during the period. Finally, Barnes Wealth Management Group Inc acquired a new stake in American Century Diversified Municipal Bond ETF during the second quarter worth about $202,000.

American Century Diversified Municipal Bond ETF Stock Up 0.1%

NYSEARCA:TAXF traded up $0.03 during mid-day trading on Friday, reaching $51.03. The company’s stock had a trading volume of 39,527 shares, compared to its average volume of 50,496. The company’s fifty day simple moving average is $50.60 and its two-hundred day simple moving average is $50.15. American Century Diversified Municipal Bond ETF has a twelve month low of $46.58 and a twelve month high of $51.18.

American Century Diversified Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a $0.193 dividend. This is a boost from American Century Diversified Municipal Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, February 5th.

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.