LVW Advisors LLC Acquires New Holdings in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM)

LVW Advisors LLC bought a new position in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 401,177 shares of the company’s stock, valued at approximately $10,140,000. AB Tax-Aware Intermediate Municipal ETF makes up approximately 1.2% of LVW Advisors LLC’s investment portfolio, making the stock its 15th biggest position. LVW Advisors LLC owned approximately 0.33% of AB Tax-Aware Intermediate Municipal ETF at the end of the most recent reporting period.

Separately, Sanctuary Advisors LLC acquired a new position in shares of AB Tax-Aware Intermediate Municipal ETF during the third quarter worth $827,000.

AB Tax-Aware Intermediate Municipal ETF Price Performance

AB Tax-Aware Intermediate Municipal ETF stock opened at $25.22 on Monday. AB Tax-Aware Intermediate Municipal ETF has a 1-year low of $24.96 and a 1-year high of $25.94. The business has a fifty day moving average price of $25.43 and a 200-day moving average price of $25.54.

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.