Stifel Financial Corp Reduces Stock Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Stifel Financial Corp lessened its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BABFree Report) by 8.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 170,756 shares of the company’s stock after selling 16,693 shares during the quarter. Stifel Financial Corp owned 0.29% of Invesco Taxable Municipal Bond ETF worth $4,595,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BAB. First United Bank & Trust purchased a new stake in Invesco Taxable Municipal Bond ETF during the 4th quarter valued at about $31,000. Baystate Wealth Management LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at about $40,000. Global Retirement Partners LLC lifted its holdings in shares of 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 buying an additional 440 shares during the period. Allworth Financial LP acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at about $51,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at about $68,000.

Invesco Taxable Municipal Bond ETF Stock Down 0.8 %

Shares of BAB stock opened at $26.40 on Monday. The stock has a market cap of $1.26 billion, a PE ratio of -199.62 and a beta of 0.22. The business has a 50-day simple moving average of $26.14 and a 200-day simple moving average of $26.41. Invesco Taxable Municipal Bond ETF has a 52-week low of $24.29 and a 52-week high of $27.33.

Invesco Taxable Municipal Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

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