Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,109,244 shares of the company’s stock after selling 106,398 shares during the period. Raymond James Financial Services Advisors Inc. owned 1.91% of Invesco Taxable Municipal Bond ETF worth $29,850,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in Invesco Taxable Municipal Bond ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 46,258 shares of the company’s stock valued at $1,372,000 after purchasing an additional 1,698 shares during the last quarter. Private Advisor Group LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 10.0% during the first quarter. Private Advisor Group LLC now owns 16,268 shares of the company’s stock valued at $483,000 after purchasing an additional 1,485 shares during the last quarter. Bank of Montreal Can lifted its stake in Invesco Taxable Municipal Bond ETF by 18.6% during the first quarter. Bank of Montreal Can now owns 53,481 shares of the company’s stock valued at $1,586,000 after purchasing an additional 8,386 shares during the last quarter. Mackay Shields LLC acquired a new stake in Invesco Taxable Municipal Bond ETF during the first quarter valued at approximately $314,000. Finally, NewEdge Advisors LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 59.8% during the first quarter. NewEdge Advisors LLC now owns 65,197 shares of the company’s stock valued at $1,934,000 after purchasing an additional 24,390 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

BAB stock opened at $26.59 on Thursday. Invesco Taxable Municipal Bond ETF has a 12 month low of $24.29 and a 12 month high of $27.33. The firm has a 50 day simple moving average of $26.56 and a 200 day simple moving average of $26.05.

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.