NewEdge Advisors LLC Boosts Stock Holdings in American Century Diversified Municipal Bond ETF $TAXF

NewEdge Advisors LLC increased its stake in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 93.9% during the 1st quarter, Holdings Channel reports. The fund owned 106,977 shares of the company’s stock after purchasing an additional 51,799 shares during the quarter. NewEdge Advisors LLC’s holdings in American Century Diversified Municipal Bond ETF were worth $5,354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TAXF. Orion Porfolio Solutions LLC grew its stake in American Century Diversified Municipal Bond ETF by 926.8% during the 2nd 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 in the last quarter. Jane Street Group LLC boosted its stake in shares of American Century Diversified Municipal Bond ETF by 477.4% in the 2nd quarter. Jane Street Group LLC now owns 319,153 shares of the company’s stock valued at $15,616,000 after buying an additional 263,876 shares during the period. Pursuit Wealth Management LLC purchased a new position in shares of American Century Diversified Municipal Bond ETF in the 4th quarter valued at about $4,108,000. Ameriprise Financial Inc. acquired a new position in shares of American Century Diversified Municipal Bond ETF during the third quarter worth about $2,778,000. Finally, CWM LLC grew its position in shares of 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 buying an additional 51,206 shares in the last quarter.

American Century Diversified Municipal Bond ETF Stock Performance

TAXF stock opened at $50.07 on Wednesday. The company’s 50 day moving average price is $50.43 and its 200 day moving average price is $50.51. American Century Diversified Municipal Bond ETF has a fifty-two week low of $48.71 and a fifty-two week 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.