Sanctuary Advisors LLC Invests $827,000 in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM)

Sanctuary Advisors LLC purchased a new stake in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 32,364 shares of the company’s stock, valued at approximately $827,000. Sanctuary Advisors LLC owned approximately 2.70% of AB Tax-Aware Intermediate Municipal ETF at the end of the most recent reporting period.

AB Tax-Aware Intermediate Municipal ETF Trading Down 0.1 %

NYSEARCA:TAFM opened at $25.27 on Tuesday. AB Tax-Aware Intermediate Municipal ETF has a 1 year low of $24.98 and a 1 year high of $25.94. The firm has a 50 day moving average of $25.53 and a 200-day moving average of $25.55.

AB Tax-Aware Intermediate Municipal ETF Company Profile

The AB Tax-Aware Intermediate Municipal ETF (TAFM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 4 to 7 years TAFM was launched on Dec 13, 2023 and is issued by AB Funds.