American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Update

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 37,432 shares, a decrease of 62.7% from the April 30th total of 100,274 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 41,432 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On American Century Diversified Municipal Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC raised its holdings in American Century Diversified Municipal Bond ETF by 3.8% during the fourth quarter. CWM LLC now owns 1,389,743 shares of the company’s stock worth $70,015,000 after purchasing an additional 51,206 shares during the last quarter. LPL Financial LLC raised its holdings in American Century Diversified Municipal Bond ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 649,182 shares of the company’s stock worth $32,706,000 after purchasing an additional 28,876 shares during the last quarter. Goldstein Advisors LLC raised its holdings in American Century Diversified Municipal Bond ETF by 3.6% during the fourth quarter. Goldstein Advisors LLC now owns 412,111 shares of the company’s stock worth $20,762,000 after purchasing an additional 14,382 shares during the last quarter. CX Institutional raised its holdings in American Century Diversified Municipal Bond ETF by 1.7% during the fourth quarter. CX Institutional now owns 400,348 shares of the company’s stock worth $20,170,000 after purchasing an additional 6,643 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in American Century Diversified Municipal Bond ETF by 926.8% during the second quarter. Orion Porfolio Solutions LLC now owns 394,034 shares of the company’s stock worth $19,280,000 after purchasing an additional 355,659 shares during the last quarter.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of TAXF stock traded up $0.02 during trading hours on Monday, reaching $50.61. 23,896 shares of the company’s stock were exchanged, compared to its average volume of 54,386. The company’s 50 day moving average is $50.29 and its two-hundred day moving average is $50.54. American Century Diversified Municipal Bond ETF has a 1 year low of $48.34 and a 1 year high of $51.42.

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.