Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Position Cut by Farrell Financial LLC

Farrell Financial LLC lowered its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,183 shares of the company’s stock after selling 392 shares during the period. Farrell Financial LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $214,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BAB. Maltin Wealth Management Inc. raised its stake in shares of Invesco Taxable Municipal Bond ETF by 8.2% during the fourth quarter. Maltin Wealth Management Inc. now owns 209,518 shares of the company’s stock valued at $5,479,000 after purchasing an additional 15,965 shares in the last quarter. Park Avenue Securities LLC increased its stake in Invesco Taxable Municipal Bond ETF by 3.7% during the 4th quarter. Park Avenue Securities LLC now owns 19,776 shares of the company’s stock valued at $517,000 after buying an additional 708 shares during the period. Bangor Savings Bank increased its stake in 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 valued at $13,320,000 after buying an additional 19,240 shares during the period. JPMorgan Chase & Co. raised its position in shares of Invesco Taxable Municipal Bond ETF by 16.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 78,807 shares of the company’s stock worth $2,173,000 after buying an additional 11,218 shares in the last quarter. Finally, Tidal Investments LLC lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 4.8% in the 3rd quarter. Tidal Investments LLC now owns 35,694 shares of the company’s stock worth $984,000 after acquiring an additional 1,650 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

Invesco Taxable Municipal Bond ETF stock opened at $26.21 on Wednesday. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.61 and a 12-month high of $28.12. The stock has a market capitalization of $1.26 billion, a PE ratio of -199.62 and a beta of 0.22. The firm has a 50 day simple moving average of $26.48 and a 200-day simple moving average of $26.93.

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.