American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Down 46.6% in December

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 7,411 shares, a decline of 46.6% from the November 30th total of 13,871 shares. Based on an average daily trading volume, of 34,478 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 34,478 shares, the short-interest ratio is currently 0.2 days.

American Century Diversified Municipal Bond ETF Stock Up 0.1%

NYSEARCA:TAXF traded up $0.07 during trading hours on Monday, reaching $50.47. 49,417 shares of the company traded hands, compared to its average volume of 49,996. The business’s 50-day moving average price is $50.52 and its two-hundred day moving average price is $49.71. American Century Diversified Municipal Bond ETF has a 1 year low of $46.58 and a 1 year high of $50.94.

Hedge Funds Weigh In On American Century Diversified Municipal Bond ETF

Institutional investors have recently bought and sold shares of the stock. Financial Partners Group Inc grew its position 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 acquiring an additional 264 shares in the last quarter. Comerica Bank increased its holdings in American Century Diversified Municipal Bond ETF by 2.2% during the 3rd quarter. Comerica Bank now owns 18,130 shares of the company’s stock worth $911,000 after purchasing an additional 396 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of American Century Diversified Municipal Bond ETF by 2.4% in the third quarter. PNC Financial Services Group Inc. now owns 18,936 shares of the company’s stock valued at $951,000 after acquiring an additional 435 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of American Century Diversified Municipal Bond ETF by 0.9% during the third quarter. HighTower Advisors LLC now owns 51,252 shares of the company’s stock valued at $2,574,000 after purchasing an additional 467 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in shares of American Century Diversified Municipal Bond ETF by 5.4% in the 3rd quarter. Merit Financial Group LLC now owns 9,497 shares of the company’s stock valued at $477,000 after acquiring an additional 486 shares during the period.

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.