Invesco Taxable Municipal Bond ETF $BAB Position Increased by Chapman Financial Group LLC

Chapman Financial Group LLC increased its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 94.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,875 shares of the company’s stock after purchasing an additional 19,875 shares during the period. Chapman Financial Group LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $1,112,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco Taxable Municipal Bond ETF in the 4th quarter valued at approximately $744,000. Traub Capital Management LLC increased its position in Invesco Taxable Municipal Bond ETF by 23.1% in the 4th quarter. Traub Capital Management LLC now owns 16,665 shares of the company’s stock valued at $453,000 after acquiring an additional 3,125 shares during the period. Golden State Equity Partners acquired a new stake in Invesco Taxable Municipal Bond ETF in the 4th quarter valued at approximately $848,000. FORM Wealth Advisors LLC acquired a new stake in Invesco Taxable Municipal Bond ETF in the 4th quarter valued at approximately $271,000. Finally, Hobbs Group Advisors LLC increased its position in Invesco Taxable Municipal Bond ETF by 2.1% in the 4th quarter. Hobbs Group Advisors LLC now owns 183,344 shares of the company’s stock valued at $4,987,000 after acquiring an additional 3,858 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

BAB opened at $26.80 on Friday. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.65 and a 12 month high of $27.73. The stock has a market cap of $1.03 billion, a P/E ratio of -202.23 and a beta of 0.33. The stock’s 50 day moving average price is $27.09 and its 200 day moving average price is $27.24.

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.