Altus Wealth Group LLC Decreases Stake in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Altus Wealth Group LLC reduced its stake in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 4.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,647 shares of the company’s stock after selling 336 shares during the quarter. Altus Wealth Group LLC’s holdings in American Century Diversified Municipal Bond ETF were worth $342,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TAXF. Geneos Wealth Management Inc. raised its position in American Century Diversified Municipal Bond ETF by 517.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,450 shares of the company’s stock worth $73,000 after buying an additional 1,215 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in American Century Diversified Municipal Bond ETF during the 2nd quarter worth approximately $248,000. First Affirmative Financial Network raised its position in American Century Diversified Municipal Bond ETF by 4.5% during the 3rd quarter. First Affirmative Financial Network now owns 12,232 shares of the company’s stock worth $629,000 after buying an additional 527 shares during the last quarter. Sunpointe LLC purchased a new position in American Century Diversified Municipal Bond ETF during the 3rd quarter worth approximately $718,000. Finally, J.W. Cole Advisors Inc. raised its position in American Century Diversified Municipal Bond ETF by 3.9% during the 1st quarter. J.W. Cole Advisors Inc. now owns 14,274 shares of the company’s stock worth $722,000 after buying an additional 539 shares during the last quarter.

American Century Diversified Municipal Bond ETF Price Performance

Shares of NYSEARCA TAXF traded down $0.22 during midday trading on Wednesday, reaching $50.49. 4,568 shares of the stock were exchanged, compared to its average volume of 34,520. American Century Diversified Municipal Bond ETF has a twelve month low of $47.17 and a twelve month high of $51.63. The firm has a 50-day simple moving average of $51.09 and a two-hundred day simple moving average of $50.61.

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.