Farther Finance Advisors LLC Sells 31,811 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Farther Finance Advisors LLC lessened its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 92.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,557 shares of the company’s stock after selling 31,811 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $67,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BAB. Consolidated Portfolio Review Corp lifted its holdings in Invesco Taxable Municipal Bond ETF by 4.0% in the fourth quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock worth $309,000 after buying an additional 450 shares during the period. Park Avenue Securities LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 3.7% in the 4th quarter. Park Avenue Securities LLC now owns 19,776 shares of the company’s stock worth $517,000 after acquiring an additional 708 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 1.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 77,776 shares of the company’s stock worth $2,042,000 after acquiring an additional 744 shares in the last quarter. Centric Wealth Management lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 5.0% in the 3rd quarter. Centric Wealth Management now owns 20,596 shares of the company’s stock valued at $547,000 after purchasing an additional 978 shares during the period. Finally, Tidal Investments LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 4.8% during the third quarter. Tidal Investments LLC now owns 35,694 shares of the company’s stock valued at $984,000 after purchasing an additional 1,650 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.2 %

Shares of BAB stock opened at $26.77 on Friday. The stock has a market cap of $974.43 million, a price-to-earnings ratio of -204.92 and a beta of 0.34. The business’s fifty day moving average is $26.49 and its 200 day moving average is $26.77. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.61 and a twelve month high of $28.12.

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.