Strategic Financial Concepts LLC Takes $994,000 Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Strategic Financial Concepts LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 38,008 shares of the company’s stock, valued at approximately $994,000. Strategic Financial Concepts LLC owned about 0.08% of Invesco Taxable Municipal Bond ETF at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.1% in the third quarter. HighTower Advisors LLC now owns 1,004,497 shares of the company’s stock valued at $27,694,000 after purchasing an additional 39,588 shares during the last quarter. Bangor Savings Bank grew its stake in Invesco Taxable Municipal Bond ETF by 3.9% in the 4th quarter. Bangor Savings Bank now owns 509,366 shares of the company’s stock valued at $13,320,000 after buying an additional 19,240 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 121.4% in the 3rd quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock valued at $12,956,000 after acquiring an additional 257,701 shares during the period. Rational Advisors LLC lifted its position in Invesco Taxable Municipal Bond ETF by 92.6% during the third quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after acquiring an additional 172,561 shares during the last quarter. Finally, Schmidt P J Investment Management Inc. boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 1.2% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 232,709 shares of the company’s stock worth $6,085,000 after acquiring an additional 2,841 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of NYSEARCA BAB opened at $26.44 on Wednesday. The firm has a market cap of $1.27 billion, a P/E ratio of -199.62 and a beta of 0.22. The business’s 50 day moving average is $26.36 and its 200-day moving average is $26.89. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.61 and a 1-year high of $28.12.

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.