American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Reaches New 52-Week Low – Here’s What Happened

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as $46.89 and last traded at $47.0130, with a volume of 5030 shares changing hands. The stock had previously closed at $47.33.

American Century Diversified Municipal Bond ETF Price Performance

The firm has a fifty day moving average of $49.02 and a 200 day moving average of $49.91.

Institutional Trading of American Century Diversified Municipal Bond ETF

Institutional investors have recently made changes to their positions in the stock. Western Wealth Management LLC bought a new stake in shares of American Century Diversified Municipal Bond ETF in the first quarter worth approximately $25,000. Integrated Wealth Concepts LLC bought a new position in American Century Diversified Municipal Bond ETF during the second quarter valued at approximately $169,000. Barnes Wealth Management Group Inc lifted its position in American Century Diversified Municipal Bond ETF by 5.6% during the fourth quarter. Barnes Wealth Management Group Inc now owns 4,383 shares of the company’s stock valued at $221,000 after purchasing an additional 233 shares during the period. Nwam LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the second quarter worth approximately $259,000. Finally, Unique Wealth LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the first quarter worth approximately $295,000.

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.