Tidal Investments LLC Raises Stock Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Tidal Investments LLC lifted its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 35,694 shares of the company’s stock after buying an additional 1,650 shares during the quarter. Tidal Investments LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $984,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of BAB. Private Advisor Group LLC grew its stake in Invesco Taxable Municipal Bond ETF by 1.9% in the third quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,648 shares during the period. Stifel Financial Corp lifted its position in Invesco Taxable Municipal Bond ETF by 10.9% during the third quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock valued at $5,473,000 after buying an additional 19,479 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 19.9% during the 2nd quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock valued at $2,407,000 after buying an additional 15,165 shares in the last quarter. Koshinski Asset Management Inc. grew its position in shares of Invesco Taxable Municipal Bond ETF by 67.2% in the 3rd quarter. Koshinski Asset Management Inc. now owns 18,970 shares of the company’s stock worth $523,000 after buying an additional 7,626 shares during the period. Finally, White Pine Investment CO increased its stake in shares of Invesco Taxable Municipal Bond ETF by 7.4% in the 3rd quarter. White Pine Investment CO now owns 105,011 shares of the company’s stock worth $2,895,000 after acquiring an additional 7,228 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of NYSEARCA BAB opened at $26.27 on Friday. Invesco Taxable Municipal Bond ETF has a 1 year low of $25.61 and a 1 year high of $28.12. The firm has a 50-day moving average of $26.79 and a 200 day moving average of $27.00. The stock has a market cap of $1.26 billion, a P/E ratio of -199.62 and a beta of 0.22.

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.