1,165 Shares in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Bought by 1620 Investment Advisors Inc.

1620 Investment Advisors Inc. purchased a new position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,165 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management bought a new stake in Invesco Taxable Municipal Bond ETF during the fourth quarter valued at $45,000. GWN Securities Inc. bought a new stake in Invesco Taxable Municipal Bond ETF during the fourth quarter valued at $213,000. IHT Wealth Management LLC bought a new stake in Invesco Taxable Municipal Bond ETF during the third quarter valued at $241,000. Consolidated Portfolio Review Corp increased its stake in Invesco Taxable Municipal Bond ETF by 4.0% during the fourth quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock valued at $309,000 after purchasing an additional 450 shares during the last quarter. Finally, Kovack Advisors Inc. increased its stake in Invesco Taxable Municipal Bond ETF by 24.2% during the fourth quarter. Kovack Advisors Inc. now owns 11,926 shares of the company’s stock valued at $312,000 after purchasing an additional 2,323 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

BAB stock opened at $26.77 on Friday. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.61 and a 1-year high of $28.12. The firm has a fifty day moving average price of $26.49 and a two-hundred day moving average price of $26.78. The firm has a market cap of $974.43 million, a price-to-earnings ratio of -204.92 and a beta of 0.34.

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.