Envestnet Asset Management Inc. Has $97.50 Million Stock Holdings in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Envestnet Asset Management Inc. boosted its position in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 9.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,935,952 shares of the company’s stock after purchasing an additional 159,410 shares during the period. Envestnet Asset Management Inc. owned 22.25% of American Century Diversified Municipal Bond ETF worth $97,495,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. PFG Advisors lifted its stake in American Century Diversified Municipal Bond ETF by 31.0% in the second quarter. PFG Advisors now owns 14,608 shares of the company’s stock valued at $736,000 after acquiring an additional 3,453 shares during the last quarter. GEM Asset Management LLC boosted its holdings in American Century Diversified Municipal Bond ETF by 1.9% in the second quarter. GEM Asset Management LLC now owns 66,236 shares of the company’s stock worth $3,336,000 after purchasing an additional 1,260 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in American Century Diversified Municipal Bond ETF in the second quarter worth $248,000. Commonwealth Equity Services LLC increased its position in American Century Diversified Municipal Bond ETF by 9.7% during the second quarter. Commonwealth Equity Services LLC now owns 91,857 shares of the company’s stock worth $4,626,000 after buying an additional 8,105 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co raised its holdings in American Century Diversified Municipal Bond ETF by 2.8% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 43,206 shares of the company’s stock valued at $2,176,000 after buying an additional 1,190 shares in the last quarter.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of American Century Diversified Municipal Bond ETF stock opened at $51.29 on Wednesday. The firm has a fifty day simple moving average of $50.93 and a 200-day simple moving average of $50.52. American Century Diversified Municipal Bond ETF has a 1-year low of $47.17 and a 1-year high of $51.61.

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.