Wrapmanager Inc. boosted its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) by 9.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,703 shares of the company’s stock after buying an additional 7,339 shares during the period. Wrapmanager Inc. owned 0.18% of Invesco Taxable Municipal Bond ETF worth $2,267,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the stock. Millington Financial Advisors LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 19.3% during the fourth quarter. Millington Financial Advisors LLC now owns 12,001 shares of the company’s stock valued at $316,000 after purchasing an additional 1,939 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of Invesco Taxable Municipal Bond ETF by 37.8% in the 4th quarter. Sanctuary Advisors LLC now owns 29,958 shares of the company’s stock valued at $788,000 after buying an additional 8,223 shares in the last quarter. Rational Advisors LLC lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 47.4% in the 4th quarter. Rational Advisors LLC now owns 528,974 shares of the company’s stock valued at $13,833,000 after purchasing an additional 170,049 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter worth about $445,000. Finally, Oceanside Advisors LLC grew its holdings in Invesco Taxable Municipal Bond ETF by 3.9% during the fourth quarter. Oceanside Advisors LLC now owns 92,472 shares of the company’s stock valued at $2,418,000 after purchasing an additional 3,491 shares during the last quarter.
Invesco Taxable Municipal Bond ETF Stock Down 0.1 %
Shares of NYSEARCA:BAB opened at $26.57 on Tuesday. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.61 and a twelve month high of $28.12. The business has a 50 day moving average price of $26.26 and a 200 day moving average price of $26.85. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22.
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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