Alliancebernstein L.P. Acquires 155,992 Shares of AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL)

Alliancebernstein L.P. grew its holdings in AB Tax-Aware Long Municipal ETF (NYSEARCA:TAFL) by 15.7% in the 4th quarter, Holdings Channel reports. The fund owned 1,151,369 shares of the company’s stock after purchasing an additional 155,992 shares during the quarter. Alliancebernstein L.P. owned about 1.05% of AB Tax-Aware Long Municipal ETF worth $28,974,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Capital Investment Counsel Inc bought a new stake in AB Tax-Aware Long Municipal ETF in the 4th quarter valued at $151,000.

AB Tax-Aware Long Municipal ETF Stock Performance

NYSEARCA:TAFL opened at $25.11 on Monday. The firm’s 50-day moving average is $25.10 and its 200-day moving average is $25.31. AB Tax-Aware Long Municipal ETF has a 52-week low of $24.68 and a 52-week high of $25.95.

AB Tax-Aware Long Municipal ETF Profile

The AB Tax-Aware Long Municipal ETF (TAFL) 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 7 to 14 years. TAFL was launched on Dec 13, 2023 and is issued by AB Funds.