World Investment Advisors Acquires 20,673 Shares of Invesco Taxable Municipal Bond ETF $BAB

World Investment Advisors lifted its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 75.3% in the fourth quarter, HoldingsChannel reports. The fund owned 48,139 shares of the company’s stock after buying an additional 20,673 shares during the period. World Investment Advisors’ holdings in Invesco Taxable Municipal Bond ETF were worth $1,304,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BAB. Annex Advisory Services LLC purchased a new stake in Invesco Taxable Municipal Bond ETF during the 4th quarter valued at about $83,386,000. Kingsview Wealth Management LLC boosted its holdings in Invesco Taxable Municipal Bond ETF by 109.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 713,285 shares of the company’s stock valued at $19,466,000 after acquiring an additional 372,417 shares during the period. Jane Street Group LLC boosted its holdings in Invesco Taxable Municipal Bond ETF by 44.4% during the 2nd quarter. Jane Street Group LLC now owns 565,488 shares of the company’s stock valued at $15,002,000 after acquiring an additional 173,932 shares during the period. HighTower Advisors LLC boosted its holdings in Invesco Taxable Municipal Bond ETF by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 1,441,238 shares of the company’s stock valued at $39,331,000 after acquiring an additional 121,880 shares during the period. Finally, Bank of Montreal Can boosted its holdings in Invesco Taxable Municipal Bond ETF by 12.9% during the 3rd quarter. Bank of Montreal Can now owns 830,686 shares of the company’s stock valued at $22,669,000 after acquiring an additional 95,132 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of BAB stock opened at $26.52 on Friday. The stock has a market capitalization of $1.02 billion, a PE ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.65 and a 1-year high of $27.73. The business has a 50-day moving average of $26.96 and a 200 day moving average of $27.19.

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.