Envestnet Asset Management Inc. Buys 252,701 Shares of American Century Diversified Municipal Bond ETF $TAXF

Envestnet Asset Management Inc. boosted its holdings in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 13.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,133,069 shares of the company’s stock after purchasing an additional 252,701 shares during the quarter. Envestnet Asset Management Inc. owned about 21.99% of American Century Diversified Municipal Bond ETF worth $104,371,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Financial Partners Group Inc grew its holdings in American Century Diversified Municipal Bond ETF by 6.1% in the second quarter. Financial Partners Group Inc now owns 4,582 shares of the company’s stock worth $224,000 after purchasing an additional 264 shares during the period. OneAscent Financial Services LLC grew its holdings in American Century Diversified Municipal Bond ETF by 1.3% in the first quarter. OneAscent Financial Services LLC now owns 34,349 shares of the company’s stock worth $1,700,000 after purchasing an additional 436 shares during the period. ERn Financial LLC grew its holdings in American Century Diversified Municipal Bond ETF by 3.4% in the second quarter. ERn Financial LLC now owns 20,131 shares of the company’s stock worth $985,000 after purchasing an additional 653 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its holdings in American Century Diversified Municipal Bond ETF by 5.3% in the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 13,355 shares of the company’s stock worth $661,000 after purchasing an additional 674 shares during the period. Finally, Foundations Investment Advisors LLC grew its holdings in American Century Diversified Municipal Bond ETF by 14.8% in the first quarter. Foundations Investment Advisors LLC now owns 6,204 shares of the company’s stock worth $307,000 after purchasing an additional 800 shares during the period.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of TAXF opened at $50.70 on Thursday. American Century Diversified Municipal Bond ETF has a fifty-two week low of $46.58 and a fifty-two week high of $51.33. The firm’s 50-day simple moving average is $49.97 and its two-hundred day simple moving average is $49.16.

About American Century Diversified Municipal Bond ETF

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.