Raymond James & Associates Makes New Investment in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Raymond James & Associates acquired a new stake in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,572 shares of the company’s stock, valued at approximately $335,000. Raymond James & Associates owned 0.10% of American Century Diversified Municipal Bond ETF as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Mutual Advisors LLC boosted its stake in shares of American Century Diversified Municipal Bond ETF by 210.8% during the 4th quarter. Mutual Advisors LLC now owns 41,223 shares of the company’s stock valued at $2,101,000 after buying an additional 27,959 shares during the last quarter. Westside Investment Management Inc. grew its holdings in American Century Diversified Municipal Bond ETF by 34.5% during the 4th quarter. Westside Investment Management Inc. now owns 14,800 shares of the company’s stock worth $754,000 after acquiring an additional 3,800 shares in the last quarter. Brookstone Capital Management bought a new stake in shares of American Century Diversified Municipal Bond ETF in the 4th quarter worth about $237,000. OneAscent Financial Services LLC raised its stake in shares of American Century Diversified Municipal Bond ETF by 26.7% in the 4th quarter. OneAscent Financial Services LLC now owns 29,751 shares of the company’s stock valued at $1,516,000 after purchasing an additional 6,270 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of American Century Diversified Municipal Bond ETF by 155.0% during the fourth quarter. IFP Advisors Inc now owns 94,994 shares of the company’s stock worth $4,841,000 after purchasing an additional 57,742 shares during the last quarter.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of NYSEARCA TAXF opened at $49.99 on Monday. The stock’s 50 day moving average price is $50.44 and its two-hundred day moving average price is $49.93. American Century Diversified Municipal Bond ETF has a 52-week low of $47.17 and a 52-week high of $51.14.

American Century Diversified Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, April 2nd were issued a $0.1199 dividend. The ex-dividend date was Monday, April 1st.

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.