Cwm LLC Grows Position in American Century Diversified Municipal Bond ETF $TAXF

Cwm LLC increased its position in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 3.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,389,743 shares of the company’s stock after buying an additional 51,206 shares during the quarter. Cwm LLC owned 0.13% of American Century Diversified Municipal Bond ETF worth $70,015,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in TAXF. Royal Bank of Canada grew its stake in 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 worth $1,408,000 after buying an additional 4,682 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in American Century Diversified Municipal Bond ETF during the 1st quarter worth approximately $241,000. Raymond James Financial Inc. grew its stake in 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 worth $6,686,000 after buying an additional 20,105 shares during the last quarter. Jane Street Group LLC grew its stake in 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 worth $15,616,000 after buying an additional 263,876 shares during the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in 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 buying an additional 355,659 shares during the last quarter.

American Century Diversified Municipal Bond ETF Trading Down 0.2%

Shares of TAXF stock opened at $50.34 on Thursday. The business’s 50 day moving average is $50.61 and its two-hundred day moving average is $50.55. American Century Diversified Municipal Bond ETF has a twelve month low of $47.90 and a twelve month high of $51.42.

American Century Diversified Municipal Bond ETF Increases Dividend

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

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.