Legacy Capital Wealth Partners LLC Has $948,000 Stake in AB Tax-Aware Intermediate Municipal ETF $TAFM

Legacy Capital Wealth Partners LLC raised its holdings in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) by 200.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,305 shares of the company’s stock after purchasing an additional 24,880 shares during the period. Legacy Capital Wealth Partners LLC owned approximately 0.21% of AB Tax-Aware Intermediate Municipal ETF worth $948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Dynasty Wealth Management LLC acquired a new stake in shares of AB Tax-Aware Intermediate Municipal ETF in the third quarter valued at approximately $4,394,000. Americana Partners LLC grew its position in AB Tax-Aware Intermediate Municipal ETF by 30.4% during the third quarter. Americana Partners LLC now owns 199,203 shares of the company’s stock worth $5,064,000 after buying an additional 46,493 shares in the last quarter. Beacon Pointe Advisors LLC grew its position in AB Tax-Aware Intermediate Municipal ETF by 153.6% during the second quarter. Beacon Pointe Advisors LLC now owns 58,440 shares of the company’s stock worth $1,456,000 after buying an additional 35,393 shares in the last quarter. FSM Wealth Advisors LLC increased its stake in AB Tax-Aware Intermediate Municipal ETF by 21.7% during the 3rd quarter. FSM Wealth Advisors LLC now owns 357,492 shares of the company’s stock worth $9,087,000 after acquiring an additional 63,681 shares during the period. Finally, LVW Advisors LLC increased its stake in AB Tax-Aware Intermediate Municipal ETF by 4.0% during the 4th quarter. LVW Advisors LLC now owns 1,005,869 shares of the company’s stock worth $25,569,000 after acquiring an additional 38,423 shares during the period.

AB Tax-Aware Intermediate Municipal ETF Stock Down 0.0%

Shares of NYSEARCA TAFM opened at $25.29 on Thursday. The business has a fifty day moving average price of $25.59 and a two-hundred day moving average price of $25.53. AB Tax-Aware Intermediate Municipal ETF has a fifty-two week low of $24.04 and a fifty-two week high of $25.93.

AB Tax-Aware Intermediate Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0755 dividend. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

AB Tax-Aware Intermediate Municipal ETF Company Profile

The AB Tax-Aware Intermediate Municipal ETF (TAFM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that primarily invests in investment grade municipal bonds from the US. The fund seeks to maintain an effective duration of 4 to 7 years TAFM was launched on Dec 13, 2023 and is issued by AB Funds.