Leverty Financial Group LLC Grows Position in AB Tax-Aware Intermediate Municipal ETF $TAFM

Leverty Financial Group LLC grew its position in shares of AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) by 217.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 238,217 shares of the company’s stock after acquiring an additional 163,099 shares during the quarter. AB Tax-Aware Intermediate Municipal ETF accounts for 1.1% of Leverty Financial Group LLC’s holdings, making the stock its 13th biggest position. Leverty Financial Group LLC owned approximately 0.70% of AB Tax-Aware Intermediate Municipal ETF worth $5,715,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Fifth Third Bancorp bought a new position in shares of AB Tax-Aware Intermediate Municipal ETF in the 1st quarter valued at about $89,000. PMG Wealth Management Inc. acquired a new position in AB Tax-Aware Intermediate Municipal ETF during the first quarter valued at approximately $468,000. NewEdge Advisors LLC boosted its position in AB Tax-Aware Intermediate Municipal ETF by 4.8% during the second quarter. NewEdge Advisors LLC now owns 34,774 shares of the company’s stock valued at $893,000 after purchasing an additional 1,595 shares during the last quarter. Barnes Pettey Financial Advisors LLC grew its stake in AB Tax-Aware Intermediate Municipal ETF by 18.4% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 37,369 shares of the company’s stock valued at $945,000 after purchasing an additional 5,807 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of AB Tax-Aware Intermediate Municipal ETF by 21.9% during the 1st quarter. Kestra Advisory Services LLC now owns 46,873 shares of the company’s stock worth $1,186,000 after purchasing an additional 8,429 shares in the last quarter.

AB Tax-Aware Intermediate Municipal ETF Trading Down 0.1%

Shares of NYSEARCA TAFM traded down $0.04 during trading hours on Thursday, hitting $23.75. The company had a trading volume of 6,806,501 shares, compared to its average volume of 243,337. AB Tax-Aware Intermediate Municipal ETF has a 1-year low of $23.72 and a 1-year high of $25.93. The firm’s 50 day moving average is $24.74 and its 200-day moving average is $25.19.

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.