American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Sees Unusually-High Trading Volume – Here’s What Happened

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) shares saw an uptick in trading volume on Monday . Approximately 130,770 shares changed hands during trading, an increase of 161% from the previous session’s volume of 50,109 shares.The stock last traded at $49.79 and had previously closed at $49.79.

American Century Diversified Municipal Bond ETF Price Performance

The business has a fifty day moving average of $50.33 and a 200-day moving average of $50.46.

Institutional Trading of American Century Diversified Municipal Bond ETF

Several hedge funds have recently made changes to their positions in TAXF. Western Wealth Management LLC bought a new position in shares of American Century Diversified Municipal Bond ETF in the first quarter worth $25,000. Advisory Services Network LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the 3rd quarter worth approximately $103,000. Farther Finance Advisors LLC increased its holdings in shares of 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 worth $148,000 after purchasing an additional 2,766 shares during the period. Shade Tree Advisors LLC purchased a new position in American Century Diversified Municipal Bond ETF during the fourth quarter worth about $214,000. Finally, Barnes Wealth Management Group Inc raised its holdings in shares of American Century Diversified Municipal Bond ETF by 5.6% in the 4th quarter. Barnes Wealth Management Group Inc now owns 4,383 shares of the company’s stock valued at $221,000 after acquiring an additional 233 shares in the last quarter.

American Century Diversified Municipal Bond ETF Company 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.