JPMorgan Chase & Co. Has $441,000 Stock Holdings in AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL)

JPMorgan Chase & Co. reduced its holdings in shares of AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) by 36.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,505 shares of the company’s stock after selling 9,918 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.59% of AB Tax-Aware Long Municipal ETF worth $441,000 at the end of the most recent reporting period.

Separately, Capital Investment Counsel Inc acquired a new stake in shares of AB Tax-Aware Long Municipal ETF in the 4th quarter valued at approximately $151,000.

AB Tax-Aware Long Municipal ETF Price Performance

Shares of TAFL opened at $24.54 on Friday. The firm has a 50-day moving average of $24.73 and a 200-day moving average of $25.10. AB Tax-Aware Long Municipal ETF has a one year low of $23.40 and a one year high of $25.95.

AB Tax-Aware Long Municipal ETF Profile

The AB Tax-Aware Long Municipal ETF (TAFL) 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 7 to 14 years. TAFL was launched on Dec 13, 2023 and is issued by AB Funds.