American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Sees Large Decrease in Short Interest

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 8,200 shares, adropof82.0% from the July 15th total of 45,600 shares. Approximately0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is presently 0.1 days. Approximately0.1% of the company’s stock are sold short.

American Century Diversified Municipal Bond ETF Stock Down 0.2%

Shares of American Century Diversified Municipal Bond ETF stock opened at $48.84 on Friday. The business has a fifty day simple moving average of $48.77 and a 200-day simple moving average of $49.15. American Century Diversified Municipal Bond ETF has a 12 month low of $46.58 and a 12 month high of $51.63.

Institutional Trading of American Century Diversified Municipal Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of American Century Diversified Municipal Bond ETF by 13.4% in the second quarter. Envestnet Asset Management Inc. now owns 2,133,069 shares of the company’s stock worth $104,371,000 after buying an additional 252,701 shares during the period. CWM LLC raised its holdings in shares of American Century Diversified Municipal Bond ETF by 3.9% during the second quarter. CWM LLC now owns 1,122,940 shares of the company’s stock worth $54,945,000 after acquiring an additional 42,107 shares in the last quarter. CX Institutional raised its holdings in shares of American Century Diversified Municipal Bond ETF by 3.1% during the first quarter. CX Institutional now owns 637,723 shares of the company’s stock worth $31,555,000 after acquiring an additional 18,960 shares in the last quarter. Goldstein Advisors LLC raised its holdings in shares of American Century Diversified Municipal Bond ETF by 2.7% during the first quarter. Goldstein Advisors LLC now owns 431,366 shares of the company’s stock worth $21,344,000 after acquiring an additional 11,527 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of American Century Diversified Municipal Bond ETF by 477.4% during the second quarter. Jane Street Group LLC now owns 319,153 shares of the company’s stock worth $15,616,000 after acquiring an additional 263,876 shares in the last quarter.

American Century Diversified Municipal Bond ETF Company 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.