Private Advisor Group LLC Has $2.42 Million Stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Private Advisor Group LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,772 shares of the company’s stock after acquiring an additional 1,648 shares during the quarter. Private Advisor Group LLC owned about 0.18% of Invesco Taxable Municipal Bond ETF worth $2,420,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. American National Bank & Trust Co. VA bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the first quarter worth approximately $442,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Invesco Taxable Municipal Bond ETF by 8.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,115 shares of the company’s stock worth $1,915,000 after purchasing an additional 5,845 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco Taxable Municipal Bond ETF by 16.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock valued at $30,683,000 after purchasing an additional 166,712 shares during the period. Commonwealth Equity Services LLC grew its holdings in Invesco Taxable Municipal Bond ETF by 10.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 58,440 shares of the company’s stock valued at $1,552,000 after buying an additional 5,398 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Invesco Taxable Municipal Bond ETF by 19.9% during the 2nd quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock worth $2,407,000 after buying an additional 15,165 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.72 on Tuesday. The firm has a 50-day moving average of $27.42 and a 200-day moving average of $26.83. Invesco Taxable Municipal Bond ETF has a 52-week low of $24.49 and a 52-week high of $28.12. The stock has a market cap of $1.28 billion, a PE ratio of -199.62 and a beta of 0.22.

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.