16,672 Shares in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Acquired by American National Bank & Trust Co. VA

American National Bank & Trust Co. VA bought a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,672 shares of the company’s stock, valued at approximately $442,000.

A number of other hedge funds have also modified their holdings of BAB. PNC Financial Services Group Inc. boosted its position in shares of Invesco Taxable Municipal Bond ETF by 45.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,043,028 shares of the company’s stock worth $28,068,000 after buying an additional 325,482 shares during the period. Wealthspire Advisors LLC increased its stake in Invesco Taxable Municipal Bond ETF by 10.7% during the fourth quarter. Wealthspire Advisors LLC now owns 3,049,364 shares of the company’s stock worth $82,058,000 after purchasing an additional 294,054 shares during the period. Private Ocean LLC increased its stake in Invesco Taxable Municipal Bond ETF by 42.6% during the fourth quarter. Private Ocean LLC now owns 898,275 shares of the company’s stock worth $24,173,000 after purchasing an additional 268,246 shares during the period. Schmidt P J Investment Management Inc. purchased a new stake in Invesco Taxable Municipal Bond ETF during the fourth quarter worth about $5,389,000. Finally, Ameriprise Financial Inc. increased its stake in Invesco Taxable Municipal Bond ETF by 8.1% during the third quarter. Ameriprise Financial Inc. now owns 2,147,224 shares of the company’s stock worth $54,290,000 after purchasing an additional 161,349 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of NYSEARCA:BAB opened at $26.44 on Friday. The firm has a market capitalization of $1.27 billion, a PE ratio of -199.62 and a beta of 0.22. The firm’s 50-day moving average is $26.35 and its two-hundred day moving average is $26.46. Invesco Taxable Municipal Bond ETF has a 1 year low of $24.29 and a 1 year high of $27.33.

About Invesco Taxable Municipal Bond ETF

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.