Independent Advisor Alliance Takes $1.66 Million Position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Independent Advisor Alliance bought a new stake in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 33,168 shares of the company’s stock, valued at approximately $1,663,000. Independent Advisor Alliance owned about 0.38% of American Century Diversified Municipal Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Prime Capital Investment Advisors LLC increased its holdings in shares of American Century Diversified Municipal Bond ETF by 46.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 21,067 shares of the company’s stock worth $1,083,000 after buying an additional 6,663 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in American Century Diversified Municipal Bond ETF during the third quarter valued at approximately $60,000. Arrowroot Family Office LLC raised its position in shares of American Century Diversified Municipal Bond ETF by 14.7% during the third quarter. Arrowroot Family Office LLC now owns 4,727 shares of the company’s stock worth $243,000 after purchasing an additional 607 shares during the period. HighTower Advisors LLC lifted its position in American Century Diversified Municipal Bond ETF by 26.1% in the 3rd quarter. HighTower Advisors LLC now owns 133,941 shares of the company’s stock valued at $6,887,000 after acquiring an additional 27,709 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in American Century Diversified Municipal Bond ETF by 417.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 40,564 shares of the company’s stock valued at $2,086,000 after buying an additional 32,721 shares during the last quarter.

American Century Diversified Municipal Bond ETF Stock Down 0.1 %

American Century Diversified Municipal Bond ETF stock opened at $49.85 on Friday. The company has a fifty day simple moving average of $50.24 and a 200 day simple moving average of $50.62. American Century Diversified Municipal Bond ETF has a 1-year low of $49.61 and a 1-year high of $51.63.

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.