Massmutual Trust Co. FSB ADV Has $719,000 Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Massmutual Trust Co. FSB ADV increased its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 69.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,065 shares of the company’s stock after buying an additional 10,711 shares during the period. Massmutual Trust Co. FSB ADV owned 0.05% of Invesco Taxable Municipal Bond ETF worth $719,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in BAB. PNC Financial Services Group Inc. grew its stake in 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 in the last quarter. Wealthspire Advisors LLC increased its stake in Invesco Taxable Municipal Bond ETF by 7.9% in the first quarter. Wealthspire Advisors LLC now owns 3,291,338 shares of the company’s stock valued at $87,385,000 after acquiring an additional 241,974 shares during the last quarter. Jane Street Group LLC acquired a new position in Invesco Taxable Municipal Bond ETF during the first quarter valued at approximately $6,004,000. Merriman Wealth Management LLC bought a new stake in Invesco Taxable Municipal Bond ETF during the second quarter worth $5,843,000. Finally, Shelter Ins Retirement Plan acquired a new stake in shares of Invesco Taxable Municipal Bond ETF in the 2nd quarter valued at $5,239,000.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of BAB opened at $27.26 on Friday. Invesco Taxable Municipal Bond ETF has a 52-week low of $24.29 and a 52-week high of $28.12. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. The business’s fifty day moving average is $27.50 and its 200-day moving average is $26.75.

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.