Family Legacy Inc. Buys 4,624 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Family Legacy Inc. grew its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 12.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,997 shares of the company’s stock after purchasing an additional 4,624 shares during the quarter. Family Legacy Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $1,121,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of BAB. 1620 Investment Advisors Inc. bought a new position in Invesco Taxable Municipal Bond ETF in the fourth quarter worth about $30,000. Spire Wealth Management purchased a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at approximately $45,000. GWN Securities Inc. purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter worth about $213,000. IHT Wealth Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the third quarter valued at approximately $241,000. Finally, Consolidated Portfolio Review Corp grew its stake in shares of Invesco Taxable Municipal Bond ETF by 4.0% in the 4th 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 last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.6 %

Shares of NYSEARCA:BAB opened at $26.56 on Monday. The stock has a fifty day simple moving average of $26.54 and a two-hundred day simple moving average of $26.72. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.61 and a 12-month high of $28.12. The stock has a market capitalization of $966.78 million, a price-to-earnings ratio of -204.92 and a beta of 0.34.

Invesco Taxable Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.0927 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco Taxable Municipal Bond ETF’s previous dividend of $0.09.

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.