Bank of New York Mellon Corp grew its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) by 2.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,668,170 shares of the company’s stock after buying an additional 39,864 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco Taxable Municipal Bond ETF were worth $43,623,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 4.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,004,497 shares of the company’s stock worth $27,694,000 after buying an additional 39,588 shares in the last quarter. Rational Advisors LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 47.4% during the 4th quarter. Rational Advisors LLC now owns 528,974 shares of the company’s stock worth $13,833,000 after buying an additional 170,049 shares in the last quarter. Bangor Savings Bank lifted its position in shares of Invesco Taxable Municipal Bond ETF by 3.9% during the 4th quarter. Bangor Savings Bank now owns 509,366 shares of the company’s stock worth $13,320,000 after buying an additional 19,240 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 121.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock worth $12,956,000 after buying an additional 257,701 shares in the last quarter. Finally, Schmidt P J Investment Management Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF by 1.2% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 232,709 shares of the company’s stock worth $6,085,000 after buying an additional 2,841 shares in the last quarter.
Invesco Taxable Municipal Bond ETF Stock Down 0.0 %
Invesco Taxable Municipal Bond ETF stock opened at $26.75 on Friday. The stock has a market cap of $973.70 million, a P/E ratio of -206.77 and a beta of 0.31. The company’s 50 day moving average price is $26.35 and its two-hundred day moving average price is $26.83. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.61 and a 52 week high of $28.12.
About Invesco Taxable Municipal Bond ETF
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
Want to see what other hedge funds are holding BAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report).
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