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

LVW Advisors LLC purchased a new stake in AB Tax-Aware Intermediate Municipal ETF (NYSEARCA:TAFM) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 401,177 shares of the company’s stock, valued at approximately $10,140,000. AB Tax-Aware Intermediate Municipal ETF comprises about 1.2% of LVW Advisors LLC’s portfolio, making the stock its 15th largest holding. LVW Advisors LLC owned approximately 33.43% of AB Tax-Aware Intermediate Municipal ETF as of its most recent SEC filing.

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

AB Tax-Aware Intermediate Municipal ETF Trading Down 0.0 %

TAFM opened at $25.22 on Monday. AB Tax-Aware Intermediate Municipal ETF has a 12 month low of $24.96 and a 12 month high of $25.94. The stock has a 50-day moving average of $25.43 and a 200 day moving average of $25.54.

AB Tax-Aware Intermediate Municipal ETF 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.