Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by United Asset Strategies Inc.

United Asset Strategies Inc. reduced its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 13.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 69,965 shares of the company’s stock after selling 11,283 shares during the period. United Asset Strategies Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $1,830,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hudson Capital Management LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 6.5% in the 4th quarter. Hudson Capital Management LLC now owns 109,350 shares of the company’s stock valued at $2,859,000 after acquiring an additional 6,631 shares during the last quarter. Advisory Alpha LLC increased its stake in Invesco Taxable Municipal Bond ETF by 6.9% during the fourth quarter. Advisory Alpha LLC now owns 52,268 shares of the company’s stock valued at $1,367,000 after purchasing an additional 3,380 shares during the last quarter. White Pine Investment CO increased its stake in Invesco Taxable Municipal Bond ETF by 6.6% during the fourth quarter. White Pine Investment CO now owns 111,901 shares of the company’s stock valued at $2,926,000 after purchasing an additional 6,890 shares during the last quarter. Commons Capital LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter worth $359,000. Finally, Maltin Wealth Management Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF by 8.2% in the 4th quarter. Maltin Wealth Management Inc. now owns 209,518 shares of the company’s stock worth $5,479,000 after buying an additional 15,965 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

NYSEARCA BAB opened at $26.16 on Monday. The firm has a market capitalization of $1.25 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a one year low of $25.61 and a one year high of $28.12. The company has a 50-day simple moving average of $26.44 and a 200-day simple moving average of $26.92.

Invesco Taxable Municipal Bond ETF Company 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.