Janney Montgomery Scott LLC raised its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,641 shares of the company’s stock after purchasing an additional 644 shares during the quarter. Janney Montgomery Scott LLC owned about 0.08% of Invesco Taxable Municipal Bond ETF worth $786,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in the company. Opal Wealth Advisors LLC increased its stake in shares of Invesco Taxable Municipal Bond ETF by 116.6% during the second quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock valued at $82,000 after acquiring an additional 1,665 shares during the period. FORM Wealth Advisors LLC acquired a new position in Invesco Taxable Municipal Bond ETF in the 1st quarter worth approximately $258,000. Gilliland Jeter Wealth Management LLC boosted its stake in Invesco Taxable Municipal Bond ETF by 25.8% in the 1st quarter. Gilliland Jeter Wealth Management LLC now owns 9,662 shares of the company’s stock worth $258,000 after purchasing an additional 1,980 shares during the period. Progressive Investment Management Corp boosted its stake in Invesco Taxable Municipal Bond ETF by 10.9% in the 1st quarter. Progressive Investment Management Corp now owns 13,506 shares of the company’s stock worth $360,000 after purchasing an additional 1,325 shares during the period. Finally, Centric Wealth Management boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 2.9% during the 1st quarter. Centric Wealth Management now owns 23,347 shares of the company’s stock valued at $623,000 after buying an additional 665 shares during the period.
Invesco Taxable Municipal Bond ETF Stock Down 0.2%
Shares of NYSEARCA:BAB opened at $27.43 on Thursday. The firm has a fifty day moving average of $27.03 and a two-hundred day moving average of $26.53. The firm has a market capitalization of $942.22 million, a P/E ratio of -202.23 and a beta of 0.18. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.59 and a 12-month high of $27.59.
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.
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