Traub Capital Management LLC Takes $330,000 Position in Invesco Taxable Municipal Bond ETF $BAB

Traub Capital Management LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 12,440 shares of the company’s stock, valued at approximately $330,000.

Other hedge funds have also recently bought and sold shares of the company. PFG Investments LLC grew its stake in Invesco Taxable Municipal Bond ETF by 0.8% during the second quarter. PFG Investments LLC now owns 61,260 shares of the company’s stock worth $1,625,000 after buying an additional 472 shares during the period. Cerity Partners LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 1.8% during the 1st quarter. Cerity Partners LLC now owns 30,622 shares of the company’s stock valued at $817,000 after acquiring an additional 546 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.0% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 14,355 shares of the company’s stock valued at $381,000 after acquiring an additional 549 shares in the last quarter. Advisory Alpha LLC boosted its position in Invesco Taxable Municipal Bond ETF by 1.1% during the 1st quarter. Advisory Alpha LLC now owns 52,831 shares of the company’s stock worth $1,410,000 after purchasing an additional 563 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 2.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,641 shares of the company’s stock valued at $786,000 after purchasing an additional 644 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

NYSEARCA:BAB opened at $27.44 on Wednesday. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.59 and a 12 month high of $27.69. The business’s 50-day moving average is $27.36 and its two-hundred day moving average is $26.73. The firm has a market capitalization of $1.01 billion, a PE ratio of -202.23 and a beta of 0.32.

Invesco Taxable Municipal Bond ETF Profile

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index.