GEM Asset Management LLC Lowers Position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

GEM Asset Management LLC cut its stake in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 5.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,062 shares of the company’s stock after selling 3,872 shares during the period. American Century Diversified Municipal Bond ETF comprises approximately 1.8% of GEM Asset Management LLC’s investment portfolio, making the stock its 16th largest holding. GEM Asset Management LLC owned 0.72% of American Century Diversified Municipal Bond ETF worth $3,162,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in TAXF. JPMorgan Chase & Co. lifted its position in shares of American Century Diversified Municipal Bond ETF by 417.2% during the third quarter. JPMorgan Chase & Co. now owns 40,564 shares of the company’s stock valued at $2,086,000 after purchasing an additional 32,721 shares in the last quarter. Merit Financial Group LLC lifted its position in shares of American Century Diversified Municipal Bond ETF by 33.6% during the 4th quarter. Merit Financial Group LLC now owns 10,401 shares of the company’s stock worth $521,000 after buying an additional 2,613 shares in the last quarter. CX Institutional boosted its stake in shares of American Century Diversified Municipal Bond ETF by 2.7% in the 3rd quarter. CX Institutional now owns 509,397 shares of the company’s stock worth $26,193,000 after buying an additional 13,627 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of American Century Diversified Municipal Bond ETF by 26.1% in the third quarter. HighTower Advisors LLC now owns 133,941 shares of the company’s stock valued at $6,887,000 after acquiring an additional 27,709 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 2.6% during the third quarter. Global Retirement Partners LLC now owns 50,021 shares of the company’s stock valued at $2,572,000 after acquiring an additional 1,256 shares during the last quarter.

American Century Diversified Municipal Bond ETF Trading Down 0.2 %

Shares of American Century Diversified Municipal Bond ETF stock opened at $50.22 on Wednesday. The business’s fifty day simple moving average is $50.30 and its 200 day simple moving average is $50.70. American Century Diversified Municipal Bond ETF has a 12 month low of $49.61 and a 12 month high of $51.63.

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.