American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Up 347.8% in January

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 38,159 shares, an increase of 347.8% from the January 15th total of 8,521 shares. Based on an average daily volume of 58,615 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 58,615 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On American Century Diversified Municipal Bond ETF

Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its holdings in American Century Diversified Municipal Bond ETF by 13.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,133,069 shares of the company’s stock worth $104,371,000 after purchasing an additional 252,701 shares during the period. CWM LLC lifted its position in American Century Diversified Municipal Bond ETF by 3.8% during the fourth quarter. CWM LLC now owns 1,389,743 shares of the company’s stock valued at $70,015,000 after purchasing an additional 51,206 shares during the period. LPL Financial LLC boosted its position 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 worth $32,706,000 after purchasing an additional 28,876 shares in the last quarter. Goldstein Advisors LLC increased its stake in shares of 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 valued at $20,762,000 after purchasing an additional 14,382 shares in the last quarter. Finally, CX Institutional raised its position in American Century Diversified Municipal Bond ETF by 1.7% during the fourth quarter. CX Institutional now owns 400,348 shares of the company’s stock worth $20,170,000 after acquiring an additional 6,643 shares during the period.

American Century Diversified Municipal Bond ETF Stock Up 0.0%

Shares of TAXF traded up $0.02 during trading hours on Friday, hitting $51.02. The company had a trading volume of 22,189 shares, compared to its average volume of 50,094. The stock’s 50 day moving average price is $50.60 and its 200 day moving average price is $50.15. American Century Diversified Municipal Bond ETF has a 52-week low of $46.58 and a 52-week high of $51.18.

American Century Diversified Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a dividend of $0.193 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is a positive change from American Century Diversified Municipal Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Thursday, February 5th.

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.