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

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 7,329 shares, a decline of 61.5% from the July 15th total of 19,033 shares. Based on an average daily volume of 40,652 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On American Century Diversified Municipal Bond ETF

A number of hedge funds have recently made changes to their positions in the business. CWM LLC grew its holdings in American Century Diversified Municipal Bond ETF by 3.8% during the 4th quarter. CWM LLC now owns 1,389,743 shares of the company’s stock valued at $70,015,000 after buying an additional 51,206 shares in the last quarter. LPL Financial LLC increased its holdings in American Century Diversified Municipal Bond ETF by 4.7% in the 4th quarter. LPL Financial LLC now owns 649,182 shares of the company’s stock valued at $32,706,000 after acquiring an additional 28,876 shares during the last quarter. CX Institutional increased its holdings in American Century Diversified Municipal Bond ETF by 5.1% in the 2nd quarter. CX Institutional now owns 428,304 shares of the company’s stock valued at $21,773,000 after acquiring an additional 20,819 shares during the last quarter. Goldstein Advisors LLC lifted its stake in American Century Diversified Municipal Bond ETF by 3.6% in the 4th quarter. Goldstein Advisors LLC now owns 412,111 shares of the company’s stock worth $20,762,000 after purchasing an additional 14,382 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in shares of American Century Diversified Municipal Bond ETF by 926.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 394,034 shares of the company’s stock valued at $19,280,000 after purchasing an additional 355,659 shares during the last quarter.

American Century Diversified Municipal Bond ETF Trading Up 0.1%

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

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.