MassMutual Private Wealth & Trust FSB Reduces Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

MassMutual Private Wealth & Trust FSB lowered its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,678 shares of the company’s stock after selling 387 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Invesco Taxable Municipal Bond ETF were worth $671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wagner Wealth Management LLC raised its position in Invesco Taxable Municipal Bond ETF by 5,708.3% in the 3rd quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock valued at $77,000 after purchasing an additional 2,740 shares during the last quarter. Peoples Bank KS increased its stake in Invesco Taxable Municipal Bond ETF by 350.3% in the third quarter. Peoples Bank KS now owns 8,645 shares of the company’s stock valued at $238,000 after purchasing an additional 6,725 shares during the period. IHT Wealth Management LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the third quarter valued at about $241,000. Kovack Advisors Inc. boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 9.1% during the third quarter. Kovack Advisors Inc. now owns 9,603 shares of the company’s stock worth $265,000 after buying an additional 803 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF during the second quarter worth about $333,000.

Invesco Taxable Municipal Bond ETF Stock Up 0.0 %

Shares of BAB stock opened at $26.21 on Wednesday. The stock’s 50-day moving average price is $26.48 and its 200 day moving average price is $26.93. The stock has a market capitalization of $1.26 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.61 and a 52-week 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.