Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC cut its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 26.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 312,111 shares of the company’s stock after selling 110,052 shares during the period. Wealthspire Advisors LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $8,162,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BAB. Private Advisor Group LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 1.9% during the third quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,648 shares in the last quarter. PFG Investments LLC increased its stake in shares of Invesco Taxable Municipal Bond ETF by 17.9% in the third quarter. PFG Investments LLC now owns 65,150 shares of the company’s stock worth $1,796,000 after acquiring an additional 9,888 shares during the last quarter. Petra Financial Advisors Inc. increased its stake in shares of Invesco Taxable Municipal Bond ETF by 2.4% in the third quarter. Petra Financial Advisors Inc. now owns 58,356 shares of the company’s stock worth $1,609,000 after acquiring an additional 1,348 shares during the last quarter. Oceanside Advisors LLC increased its position in Invesco Taxable Municipal Bond ETF by 0.8% during the third quarter. Oceanside Advisors LLC now owns 88,981 shares of the company’s stock worth $2,453,000 after buying an additional 672 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in Invesco Taxable Municipal Bond ETF by 5.4% during the third quarter. Farther Finance Advisors LLC now owns 34,368 shares of the company’s stock worth $948,000 after buying an additional 1,770 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of NYSEARCA:BAB opened at $26.60 on Friday. The company has a market cap of $1.27 billion, a P/E ratio of -199.62 and a beta of 0.22. The stock’s 50-day moving average is $26.26 and its 200-day moving average is $26.85. 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.