Kestra Advisory Services LLC Cuts Holdings in American Century Diversified Municipal Bond ETF $TAXF

Kestra Advisory Services LLC lowered its position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 22.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,776 shares of the company’s stock after selling 27,479 shares during the quarter. Kestra Advisory Services LLC owned 0.75% of American Century Diversified Municipal Bond ETF worth $4,643,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in TAXF. Barnes Wealth Management Group Inc increased its stake in American Century Diversified Municipal Bond ETF by 5.6% during the fourth quarter. Barnes Wealth Management Group Inc now owns 4,383 shares of the company’s stock worth $221,000 after acquiring an additional 233 shares during the last quarter. Comerica Bank grew its holdings in shares of American Century Diversified Municipal Bond ETF by 2.2% during the 3rd quarter. Comerica Bank now owns 18,130 shares of the company’s stock worth $911,000 after purchasing an additional 396 shares during the period. Westside Investment Management Inc. increased its position in American Century Diversified Municipal Bond ETF by 2.4% during the 4th quarter. Westside Investment Management Inc. now owns 16,800 shares of the company’s stock worth $846,000 after purchasing an additional 400 shares in the last quarter. Stewardship Advisors LLC increased its position in American Century Diversified Municipal Bond ETF by 6.6% during the 4th quarter. Stewardship Advisors LLC now owns 8,024 shares of the company’s stock worth $404,000 after purchasing an additional 497 shares in the last quarter. Finally, Altus Wealth Group LLC raised its holdings in American Century Diversified Municipal Bond ETF by 5.5% in the first quarter. Altus Wealth Group LLC now owns 10,247 shares of the company’s stock valued at $513,000 after buying an additional 535 shares during the period.

American Century Diversified Municipal Bond ETF Stock Down 0.2%

Shares of TAXF stock opened at $50.45 on Friday. American Century Diversified Municipal Bond ETF has a fifty-two week low of $48.34 and a fifty-two week high of $51.42. The firm’s 50 day moving average price is $50.52 and its two-hundred day moving average price is $50.58.

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.