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

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 7,329 shares, a decrease of 61.5% from the July 15th total of 19,033 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 40,652 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in shares of American Century Diversified Municipal Bond ETF by 19.7% during the 1st quarter. Royal Bank of Canada now owns 28,464 shares of the company’s stock worth $1,408,000 after acquiring an additional 4,682 shares during the last quarter. Jones Financial Companies Lllp bought a new position in shares of American Century Diversified Municipal Bond ETF in the first quarter worth about $241,000. Raymond James Financial Inc. increased its stake in American Century Diversified Municipal Bond ETF by 17.3% in the 2nd quarter. Raymond James Financial Inc. now owns 136,643 shares of the company’s stock worth $6,686,000 after buying an additional 20,105 shares during the period. Jane Street Group LLC boosted its position in 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. Finally, Orion Porfolio Solutions LLC increased its position in shares of 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 acquiring an additional 355,659 shares during the period.

American Century Diversified Municipal Bond ETF Stock Up 0.1%

Shares of NYSEARCA:TAXF opened at $50.19 on Friday. American Century Diversified Municipal Bond ETF has a 12 month low of $48.71 and a 12 month high of $51.42. The company has a 50-day moving average price of $50.41 and a 200 day moving average price of $50.50.

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.