Pine Valley Investments Ltd Liability Co Trims Stock Holdings in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Pine Valley Investments Ltd Liability Co lessened its stake in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 3.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 41,529 shares of the company’s stock after selling 1,677 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in American Century Diversified Municipal Bond ETF were worth $2,135,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in TAXF. Envestnet Asset Management Inc. raised its holdings in shares of American Century Diversified Municipal Bond ETF by 9.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,935,952 shares of the company’s stock valued at $97,495,000 after buying an additional 159,410 shares during the period. CWM LLC increased its stake in American Century Diversified Municipal Bond ETF by 25.2% during the third quarter. CWM LLC now owns 959,910 shares of the company’s stock worth $49,359,000 after purchasing an additional 193,126 shares during the period. CX Institutional lifted its position in shares of American Century Diversified Municipal Bond ETF by 2.7% during the third quarter. CX Institutional now owns 509,397 shares of the company’s stock worth $26,193,000 after purchasing an additional 13,627 shares in the last quarter. Goldstein Advisors LLC lifted its position in shares of American Century Diversified Municipal Bond ETF by 5.5% during the third quarter. Goldstein Advisors LLC now owns 382,929 shares of the company’s stock worth $19,690,000 after purchasing an additional 20,135 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of American Century Diversified Municipal Bond ETF by 11.6% in the third quarter. Private Advisor Group LLC now owns 204,142 shares of the company’s stock valued at $10,497,000 after purchasing an additional 21,147 shares during the period.

American Century Diversified Municipal Bond ETF Stock Down 0.2 %

Shares of TAXF opened at $50.92 on Friday. American Century Diversified Municipal Bond ETF has a fifty-two week low of $49.69 and a fifty-two week high of $51.63. The firm’s 50 day moving average price is $50.77 and its 200 day moving average price is $50.76.

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.