Cwm LLC Acquires 158,478 Shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Cwm LLC boosted its holdings in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 30.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 684,060 shares of the company’s stock after purchasing an additional 158,478 shares during the quarter. Cwm LLC owned approximately 9.91% of American Century Diversified Municipal Bond ETF worth $34,860,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Tower Research Capital LLC TRC purchased a new stake in shares of American Century Diversified Municipal Bond ETF during the 2nd quarter worth approximately $30,000. JPMorgan Chase & Co. purchased a new stake in American Century Diversified Municipal Bond ETF during the 1st quarter valued at $34,000. Captrust Financial Advisors purchased a new stake in American Century Diversified Municipal Bond ETF during the 2nd quarter valued at $62,000. UBS Group AG grew its position in American Century Diversified Municipal Bond ETF by 43.0% in the 3rd quarter. UBS Group AG now owns 1,397 shares of the company’s stock valued at $67,000 after acquiring an additional 420 shares during the last quarter. Finally, Brookstone Capital Management bought a new position in American Century Diversified Municipal Bond ETF in the 4th quarter valued at $237,000.

American Century Diversified Municipal Bond ETF Stock Performance

American Century Diversified Municipal Bond ETF stock traded up $0.05 during mid-day trading on Friday, hitting $50.03. The company’s stock had a trading volume of 16,960 shares, compared to its average volume of 39,972. The company has a 50 day moving average of $50.49 and a 200-day moving average of $49.85. American Century Diversified Municipal Bond ETF has a one year low of $47.17 and a one year high of $51.14.

American Century Diversified Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were given a $0.1199 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.