NorthRock Partners LLC Increases Position in AB Tax-Aware Intermediate Municipal ETF $TAFM

NorthRock Partners LLC raised its holdings in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) by 211.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,874,626 shares of the company’s stock after acquiring an additional 2,632,091 shares during the period. AB Tax-Aware Intermediate Municipal ETF makes up approximately 1.5% of NorthRock Partners LLC’s investment portfolio, making the stock its 16th largest position. NorthRock Partners LLC owned about 0.14% of AB Tax-Aware Intermediate Municipal ETF worth $99,500,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in shares of AB Tax-Aware Intermediate Municipal ETF in the second quarter valued at approximately $2,568,000. Osaic Holdings Inc. lifted its position in AB Tax-Aware Intermediate Municipal ETF by 38.7% during the fourth quarter. Osaic Holdings Inc. now owns 62,029 shares of the company’s stock worth $1,577,000 after buying an additional 17,301 shares in the last quarter. Beacon Pointe Advisors LLC lifted its position in AB Tax-Aware Intermediate Municipal ETF by 122.2% during the fourth quarter. Beacon Pointe Advisors LLC now owns 149,224 shares of the company’s stock worth $3,793,000 after buying an additional 82,075 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in AB Tax-Aware Intermediate Municipal ETF by 2,008.3% during the fourth quarter. JPMorgan Chase & Co. now owns 288,885 shares of the company’s stock worth $7,343,000 after buying an additional 275,183 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in AB Tax-Aware Intermediate Municipal ETF by 1.6% during the fourth quarter. Ausdal Financial Partners Inc. now owns 143,475 shares of the company’s stock worth $3,647,000 after buying an additional 2,314 shares during the last quarter.

AB Tax-Aware Intermediate Municipal ETF Stock Down 0.1%

Shares of TAFM opened at $24.75 on Wednesday. AB Tax-Aware Intermediate Municipal ETF has a 52-week low of $24.74 and a 52-week high of $25.93. The stock has a fifty day simple moving average of $25.23 and a two-hundred day simple moving average of $25.40.

AB Tax-Aware Intermediate Municipal ETF Company 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.