Caldwell Trust Co acquired a new position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,722 shares of the company’s stock, valued at approximately $505,000.
Other institutional investors have also recently bought and sold shares of the company. Maltin Wealth Management Inc. increased its position in shares of Invesco Taxable Municipal Bond ETF by 3.5% during the 1st quarter. Maltin Wealth Management Inc. now owns 290,214 shares of the company’s stock valued at $7,824,000 after purchasing an additional 9,878 shares during the last quarter. World Investment Advisors boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 75.3% in the 4th quarter. World Investment Advisors now owns 48,139 shares of the company’s stock worth $1,309,000 after buying an additional 20,673 shares during the last quarter. Corient Private Wealth LLC bought a new position in Invesco Taxable Municipal Bond ETF during the fourth quarter valued at about $3,460,000. Astoria Portfolio Advisors LLC. grew its position in Invesco Taxable Municipal Bond ETF by 12.6% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 111,806 shares of the company’s stock valued at $3,078,000 after buying an additional 12,504 shares during the period. Finally, Hyposwiss Advisors SA purchased a new stake in Invesco Taxable Municipal Bond ETF during the fourth quarter worth about $567,000.
Invesco Taxable Municipal Bond ETF Stock Performance
Shares of BAB stock opened at $26.99 on Monday. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a 52 week low of $26.15 and a 52 week high of $27.73. The firm’s 50-day simple moving average is $26.80 and its two-hundred day simple moving average is $27.05.
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.
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