Allworth Financial LP Makes New $51,000 Investment in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Allworth Financial LP bought a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,911 shares of the company’s stock, valued at approximately $51,000.

Several other hedge funds also recently modified their holdings of BAB. Almanack Investment Partners LLC. bought a new position in shares of Invesco Taxable Municipal Bond ETF in the 3rd quarter valued at about $30,000. Concourse Financial Group Securities Inc. grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 68.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,396 shares of the company’s stock valued at $35,000 after acquiring an additional 569 shares in the last quarter. Sunbelt Securities Inc. bought a new position in shares of Invesco Taxable Municipal Bond ETF in the 1st quarter valued at about $35,000. FMR LLC grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 878.9% in the 2nd quarter. FMR LLC now owns 1,302 shares of the company’s stock valued at $36,000 after acquiring an additional 1,169 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 34.6% in the 4th quarter. Global Retirement Partners LLC now owns 1,711 shares of the company’s stock valued at $46,000 after purchasing an additional 440 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.5 %

Shares of NYSEARCA:BAB opened at $26.08 on Friday. Invesco Taxable Municipal Bond ETF has a 52-week low of $24.29 and a 52-week high of $27.33. The company has a 50-day simple moving average of $26.45 and a 200 day simple moving average of $26.10.

Invesco Taxable Municipal Bond ETF Company 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.