Truist Financial Corp Grows Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Truist Financial Corp boosted its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 33.0% during the 4th quarter, Holdings Channel reports. The firm owned 273,603 shares of the company’s stock after acquiring an additional 67,932 shares during the quarter. Truist Financial Corp’s holdings in Invesco Taxable Municipal Bond ETF were worth $7,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Onyx Bridge Wealth Group LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 4.0% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 303,501 shares of the company’s stock valued at $8,167,000 after acquiring an additional 11,788 shares during the period. Eagle Bluffs Wealth Management LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 23.2% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 131,420 shares of the company’s stock valued at $3,537,000 after acquiring an additional 24,756 shares during the period. United Asset Strategies Inc. lifted its stake in Invesco Taxable Municipal Bond ETF by 25.5% during the 4th quarter. United Asset Strategies Inc. now owns 79,667 shares of the company’s stock valued at $2,144,000 after acquiring an additional 16,200 shares during the period. Bison Wealth LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 62.5% during the 4th quarter. Bison Wealth LLC now owns 13,396 shares of the company’s stock valued at $360,000 after acquiring an additional 5,154 shares during the period. Finally, Hoxton Planning & Management LLC acquired a new stake in Invesco Taxable Municipal Bond ETF during the 4th quarter valued at approximately $212,000.

Invesco Taxable Municipal Bond ETF Trading Up 0.4 %

Shares of NYSEARCA BAB opened at $26.06 on Friday. Invesco Taxable Municipal Bond ETF has a 12 month low of $24.29 and a 12 month high of $27.33. The company has a 50 day simple moving average of $26.26 and a two-hundred day simple moving average of $26.17. The stock has a market cap of $1.25 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.