Atria Wealth Solutions Inc. Boosts Stock Position in Invesco Taxable Municipal Bond ETF $BAB

Atria Wealth Solutions Inc. grew its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.0% in the second quarter, Holdings Channel reports. The institutional investor owned 14,355 shares of the company’s stock after acquiring an additional 549 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in BAB. Opal Wealth Advisors LLC increased its position in shares of Invesco Taxable Municipal Bond ETF by 116.6% in the second quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock valued at $82,000 after buying an additional 1,665 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the second quarter valued at approximately $210,000. FORM Wealth Advisors LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the first quarter valued at approximately $258,000. Gilliland Jeter Wealth Management LLC increased its position in shares of Invesco Taxable Municipal Bond ETF by 25.8% during the first quarter. Gilliland Jeter Wealth Management LLC now owns 9,662 shares of the company’s stock worth $258,000 after purchasing an additional 1,980 shares in the last quarter. Finally, Progressive Investment Management Corp increased its position in shares of Invesco Taxable Municipal Bond ETF by 10.9% during the first quarter. Progressive Investment Management Corp now owns 13,506 shares of the company’s stock worth $360,000 after purchasing an additional 1,325 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of BAB opened at $27.52 on Tuesday. Invesco Taxable Municipal Bond ETF has a one year low of $25.59 and a one year high of $27.64. The stock has a market capitalization of $945.31 million, a price-to-earnings ratio of -202.23 and a beta of 0.18. The stock has a 50 day moving average price of $27.08 and a 200 day moving average price of $26.54.

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.