NewEdge Wealth LLC acquired a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 180,130 shares of the company’s stock, valued at approximately $4,710,000. NewEdge Wealth LLC owned 0.38% of Invesco Taxable Municipal Bond ETF as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in BAB. Spire Wealth Management acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter worth $45,000. IHT Wealth Management LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the 3rd quarter worth $241,000. Kovack Advisors Inc. grew its stake in shares of Invesco Taxable Municipal Bond ETF by 9.1% during the 3rd quarter. Kovack Advisors Inc. now owns 9,603 shares of the company’s stock worth $265,000 after purchasing an additional 803 shares during the period. Consolidated Portfolio Review Corp grew its stake in shares of Invesco Taxable Municipal Bond ETF by 4.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock worth $309,000 after purchasing an additional 450 shares during the period. Finally, Millington Financial Advisors LLC grew its stake in shares of Invesco Taxable Municipal Bond ETF by 19.3% during the 4th quarter. Millington Financial Advisors LLC now owns 12,001 shares of the company’s stock worth $316,000 after purchasing an additional 1,939 shares during the period.
Invesco Taxable Municipal Bond ETF Stock Down 0.2 %
NYSEARCA:BAB opened at $26.82 on Friday. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.61 and a fifty-two week high of $28.12. The stock has a market cap of $976.25 million, a PE ratio of -206.77 and a beta of 0.31. The firm’s fifty day simple moving average is $26.28 and its 200-day simple moving average is $26.85.
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.
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