Astoria Portfolio Advisors LLC. Increases Stock Position in Invesco Taxable Municipal Bond ETF $BAB

Astoria Portfolio Advisors LLC. increased its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 98,626 shares of the company’s stock after acquiring an additional 4,426 shares during the period. Invesco Taxable Municipal Bond ETF comprises approximately 0.7% of Astoria Portfolio Advisors LLC.’s holdings, making the stock its 25th largest position. Astoria Portfolio Advisors LLC. owned approximately 0.28% of Invesco Taxable Municipal Bond ETF worth $2,594,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in BAB. Opal Wealth Advisors LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the 1st quarter worth approximately $38,000. Apollon Wealth Management LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the 2nd quarter worth approximately $210,000. FORM Wealth Advisors LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the 1st quarter worth approximately $258,000. Gilliland Jeter Wealth Management LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 25.8% in the 1st quarter. Gilliland Jeter Wealth Management LLC now owns 9,662 shares of the company’s stock worth $258,000 after acquiring an additional 1,980 shares during the last quarter. Finally, Progressive Investment Management Corp raised its holdings in Invesco Taxable Municipal Bond ETF by 10.9% in the 1st quarter. Progressive Investment Management Corp now owns 13,506 shares of the company’s stock worth $360,000 after acquiring an additional 1,325 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

NYSEARCA BAB opened at $27.38 on Monday. The business’s fifty day moving average price is $26.99 and its 200-day moving average price is $26.51. The stock has a market capitalization of $937.77 million, a price-to-earnings ratio of -202.23 and a beta of 0.18. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.59 and a 1-year high of $27.54.

About Invesco Taxable Municipal Bond ETF

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.