Cetera Investment Advisers Has $2.29 Million Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Cetera Investment Advisers lifted its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,598 shares of the company’s stock after buying an additional 9,734 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Taxable Municipal Bond ETF were worth $2,291,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of BAB. Raymond James Financial Inc. bought a new position in shares of Invesco Taxable Municipal Bond ETF in the fourth quarter valued at $42,766,000. Ameriprise Financial Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF by 190.4% during the fourth quarter. Ameriprise Financial Inc. now owns 1,104,776 shares of the company’s stock valued at $28,891,000 after purchasing an additional 724,325 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 4,055.4% during the fourth quarter. Jane Street Group LLC now owns 645,959 shares of the company’s stock valued at $16,892,000 after purchasing an additional 630,414 shares in the last quarter. NewEdge Wealth LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter valued at about $4,710,000. Finally, Rational Advisors LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 47.4% during the fourth quarter. Rational Advisors LLC now owns 528,974 shares of the company’s stock valued at $13,833,000 after purchasing an additional 170,049 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

BAB opened at $26.11 on Monday. The company’s 50-day moving average is $26.35 and its 200 day moving average is $26.45. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.60 and a fifty-two week high of $28.12. The firm has a market capitalization of $917.77 million, a P/E ratio of -202.23 and a beta of 0.31.

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.