American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Update

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 10,469 shares, a decrease of 76.9% from the March 15th total of 45,238 shares. Based on an average daily trading volume, of 104,160 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On American Century Diversified Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. CWM LLC lifted its stake in American Century Diversified Municipal Bond ETF by 3.8% in the 4th quarter. CWM LLC now owns 1,389,743 shares of the company’s stock valued at $70,015,000 after buying an additional 51,206 shares in the last quarter. LPL Financial LLC lifted its stake in shares of American Century Diversified Municipal Bond ETF by 4.7% during the 4th quarter. LPL Financial LLC now owns 649,182 shares of the company’s stock worth $32,706,000 after purchasing an additional 28,876 shares during the period. Goldstein Advisors LLC lifted its stake in shares of American Century Diversified Municipal Bond ETF by 3.6% during the 4th quarter. Goldstein Advisors LLC now owns 412,111 shares of the company’s stock worth $20,762,000 after purchasing an additional 14,382 shares during the period. CX Institutional lifted its stake in shares of American Century Diversified Municipal Bond ETF by 1.7% during the 4th quarter. CX Institutional now owns 400,348 shares of the company’s stock worth $20,170,000 after purchasing an additional 6,643 shares during the period. Finally, Orion Porfolio Solutions LLC lifted its stake 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 worth $19,280,000 after purchasing an additional 355,659 shares during the period.

American Century Diversified Municipal Bond ETF Price Performance

TAXF stock traded up $0.16 on Monday, reaching $50.40. The company had a trading volume of 40,569 shares, compared to its average volume of 56,059. American Century Diversified Municipal Bond ETF has a 1 year low of $47.90 and a 1 year high of $51.42. The company’s fifty day moving average is $50.64 and its 200 day moving average is $50.55.

American Century Diversified Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were paid a $0.193 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, February 5th. This is an increase from American Century Diversified Municipal Bond ETF’s previous monthly dividend of $0.14.

American Century Diversified Municipal Bond ETF Company 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.