Americana Partners LLC Purchases 46,493 Shares of AB Tax-Aware Intermediate Municipal ETF $TAFM

Americana Partners LLC increased its position in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) by 30.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,203 shares of the company’s stock after purchasing an additional 46,493 shares during the quarter. Americana Partners LLC owned approximately 1.34% of AB Tax-Aware Intermediate Municipal ETF worth $5,064,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Alliancebernstein L.P. raised its stake in shares of AB Tax-Aware Intermediate Municipal ETF by 14.4% during the second quarter. Alliancebernstein L.P. now owns 5,790,470 shares of the company’s stock worth $144,316,000 after buying an additional 730,283 shares during the last quarter. NorthRock Partners LLC bought a new stake in shares of AB Tax-Aware Intermediate Municipal ETF during the 2nd quarter valued at $35,194,000. LVW Advisors LLC lifted its stake in shares of AB Tax-Aware Intermediate Municipal ETF by 10.0% in the 3rd quarter. LVW Advisors LLC now owns 967,446 shares of the company’s stock valued at $24,592,000 after purchasing an additional 88,135 shares during the period. FSM Wealth Advisors LLC boosted its position in shares of AB Tax-Aware Intermediate Municipal ETF by 21.7% in the 3rd quarter. FSM Wealth Advisors LLC now owns 357,492 shares of the company’s stock worth $9,087,000 after purchasing an additional 63,681 shares during the last quarter. Finally, Leverty Financial Group LLC grew its stake in shares of AB Tax-Aware Intermediate Municipal ETF by 3.4% during the second quarter. Leverty Financial Group LLC now owns 324,172 shares of the company’s stock worth $8,079,000 after purchasing an additional 10,666 shares during the period.

AB Tax-Aware Intermediate Municipal ETF Trading Down 0.2%

NYSEARCA TAFM opened at $25.58 on Tuesday. AB Tax-Aware Intermediate Municipal ETF has a 12 month low of $24.04 and a 12 month high of $25.85. The stock has a 50-day simple moving average of $25.51 and a 200 day simple moving average of $25.24.

AB Tax-Aware Intermediate Municipal ETF 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.