Truist Financial Corp Lowers Position in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)

Truist Financial Corp reduced its position in shares of American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,658 shares of the company’s stock after selling 3,481 shares during the period. Truist Financial Corp owned approximately 1.88% of American Century Diversified Municipal Bond ETF worth $6,607,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TAXF. First Affirmative Financial Network boosted its position in shares of American Century Diversified Municipal Bond ETF by 3.1% during the 4th quarter. First Affirmative Financial Network now owns 10,944 shares of the company’s stock worth $558,000 after purchasing an additional 327 shares in the last quarter. Mariner LLC grew its position in American Century Diversified Municipal Bond ETF by 2.7% during the third quarter. Mariner LLC now owns 28,378 shares of the company’s stock worth $1,361,000 after buying an additional 737 shares during the period. Global Retirement Partners LLC grew its position in American Century Diversified Municipal Bond ETF by 4.4% during the fourth quarter. Global Retirement Partners LLC now owns 34,660 shares of the company’s stock worth $1,761,000 after buying an additional 1,460 shares during the period. Good Life Advisors LLC increased its holdings in American Century Diversified Municipal Bond ETF by 8.2% in the fourth quarter. Good Life Advisors LLC now owns 21,136 shares of the company’s stock valued at $1,077,000 after buying an additional 1,607 shares in the last quarter. Finally, SFG Wealth Management LLC. lifted its position in shares of American Century Diversified Municipal Bond ETF by 21.3% during the 4th quarter. SFG Wealth Management LLC. now owns 14,916 shares of the company’s stock valued at $760,000 after acquiring an additional 2,621 shares during the period.

American Century Diversified Municipal Bond ETF Stock Performance

TAXF opened at $50.15 on Friday. American Century Diversified Municipal Bond ETF has a 1-year low of $47.17 and a 1-year high of $51.14. The stock’s 50 day simple moving average is $50.37 and its 200 day simple moving average is $50.01.

American Century Diversified Municipal Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Tuesday, April 2nd were issued a $0.1199 dividend. The ex-dividend date was Monday, April 1st.

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.