Kestra Private Wealth Services LLC Buys 1,992 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Kestra Private Wealth Services LLC grew its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 8.9% during the fourth quarter, Holdings Channel reports. The firm owned 24,425 shares of the company’s stock after purchasing an additional 1,992 shares during the period. Kestra Private Wealth Services LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $657,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of BAB. Eagle Bluffs Wealth Management LLC increased its stake in Invesco Taxable Municipal Bond ETF by 23.2% in the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 131,420 shares of the company’s stock valued at $3,537,000 after buying an additional 24,756 shares during the last quarter. United Asset Strategies Inc. increased its position in shares of Invesco Taxable Municipal Bond ETF by 2.3% during the third quarter. United Asset Strategies Inc. now owns 63,467 shares of the company’s stock valued at $1,605,000 after acquiring an additional 1,406 shares during the last quarter. Allworth Financial LP bought a new stake in Invesco Taxable Municipal Bond ETF during the fourth quarter worth $51,000. Koshinski Asset Management Inc. boosted its position in Invesco Taxable Municipal Bond ETF by 12.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 16,348 shares of the company’s stock worth $440,000 after purchasing an additional 1,778 shares during the last quarter. Finally, KG&L Capital Management LLC boosted its position in Invesco Taxable Municipal Bond ETF by 3.4% in the fourth quarter. KG&L Capital Management LLC now owns 60,641 shares of the company’s stock worth $1,632,000 after purchasing an additional 1,984 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.06 on Monday. The firm has a market cap of $1.25 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 1 year low of $24.29 and a 1 year high of $27.33. The stock has a fifty day moving average price of $26.25 and a 200-day moving average price of $26.19.

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.