American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Update
by Amy Steele · The Cerbat GemAmerican Century Diversified Municipal Bond ETF (NYSEARCA:TAXF – Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 66 shares, a drop of 99.4% from the March 31st total of 10,469 shares. Based on an average trading volume of 44,653 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
American Century Diversified Municipal Bond ETF Price Performance
Shares of NYSEARCA:TAXF remained flat at $50.58 on Friday. The company’s stock had a trading volume of 67,990 shares, compared to its average volume of 54,595. The firm’s 50-day moving average price is $50.56 and its 200-day moving average price is $50.57. American Century Diversified Municipal Bond ETF has a 1 year low of $48.34 and a 1 year high of $51.42.
Hedge Funds Weigh In On American Century Diversified Municipal Bond ETF
Several institutional investors have recently modified their holdings of TAXF. Royal Bank of Canada increased its position in shares of American Century Diversified Municipal Bond ETF by 19.7% during the 1st quarter. Royal Bank of Canada now owns 28,464 shares of the company’s stock valued at $1,408,000 after purchasing an additional 4,682 shares during the last quarter. Jones Financial Companies Lllp bought a new position in shares of American Century Diversified Municipal Bond ETF during the 1st quarter valued at about $241,000. Raymond James Financial Inc. increased its position in shares of American Century Diversified Municipal Bond ETF by 17.3% during the 2nd quarter. Raymond James Financial Inc. now owns 136,643 shares of the company’s stock valued at $6,686,000 after purchasing an additional 20,105 shares during the last quarter. Jane Street Group LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 477.4% during the 2nd quarter. Jane Street Group LLC now owns 319,153 shares of the company’s stock valued at $15,616,000 after purchasing an additional 263,876 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its position 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.
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.