Merit Financial Group LLC Buys 2,613 Shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Merit Financial Group LLC boosted its position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 33.6% during the fourth quarter, Holdings Channel reports. The fund owned 10,401 shares of the company’s stock after acquiring an additional 2,613 shares during the period. Merit Financial Group LLC’s holdings in American Century Diversified Municipal Bond ETF were worth $521,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Certified Advisory Corp boosted its holdings in shares of American Century Diversified Municipal Bond ETF by 6.0% in the 4th quarter. Certified Advisory Corp now owns 58,412 shares of the company’s stock worth $2,929,000 after purchasing an additional 3,315 shares in the last quarter. JPMorgan Chase & Co. lifted its position in American Century Diversified Municipal Bond ETF by 417.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 40,564 shares of the company’s stock worth $2,086,000 after buying an additional 32,721 shares during the last quarter. HighTower Advisors LLC grew its position in American Century Diversified Municipal Bond ETF by 26.1% during the third quarter. HighTower Advisors LLC now owns 133,941 shares of the company’s stock valued at $6,887,000 after acquiring an additional 27,709 shares during the last quarter. Arrowroot Family Office LLC grew its position in American Century Diversified Municipal Bond ETF by 14.7% during the third quarter. Arrowroot Family Office LLC now owns 4,727 shares of the company’s stock valued at $243,000 after acquiring an additional 607 shares during the last quarter. Finally, First Horizon Advisors Inc. purchased a new position in shares of American Century Diversified Municipal Bond ETF during the third quarter worth approximately $60,000.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of TAXF opened at $50.04 on Friday. American Century Diversified Municipal Bond ETF has a fifty-two week low of $49.61 and a fifty-two week high of $51.63. The firm has a 50 day moving average price of $50.46 and a 200-day moving average price of $50.74.

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.