Blue Trust Inc. Acquires Shares of 1,930 American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Blue Trust Inc. acquired a new stake in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,930 shares of the company’s stock, valued at approximately $97,000.

Other hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. purchased a new position in American Century Diversified Municipal Bond ETF in the third quarter valued at about $60,000. Arrowroot Family Office LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 14.7% during the third quarter. Arrowroot Family Office LLC now owns 4,727 shares of the company’s stock worth $243,000 after acquiring an additional 607 shares during the last quarter. Foundations Investment Advisors LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 12.2% during the third quarter. Foundations Investment Advisors LLC now owns 5,522 shares of the company’s stock worth $284,000 after acquiring an additional 602 shares during the last quarter. Merit Financial Group LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 33.6% during the fourth quarter. Merit Financial Group LLC now owns 10,401 shares of the company’s stock worth $521,000 after acquiring an additional 2,613 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 46.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 21,067 shares of the company’s stock worth $1,083,000 after acquiring an additional 6,663 shares during the last quarter.

American Century Diversified Municipal Bond ETF Stock Up 0.5 %

Shares of NYSEARCA TAXF opened at $50.53 on Friday. American Century Diversified Municipal Bond ETF has a 1 year low of $49.61 and a 1 year high of $51.63. The stock’s 50-day simple moving average is $50.18 and its 200-day simple moving average is $50.67.

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.