Millington Financial Advisors LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) by 19.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,001 shares of the company’s stock after buying an additional 1,939 shares during the period. Millington Financial Advisors LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $316,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Sanctuary Advisors LLC lifted its position in Invesco Taxable Municipal Bond ETF by 37.8% during the fourth quarter. Sanctuary Advisors LLC now owns 29,958 shares of the company’s stock worth $788,000 after buying an additional 8,223 shares in the last quarter. Rational Advisors LLC raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 47.4% during the 4th quarter. Rational Advisors LLC now owns 528,974 shares of the company’s stock worth $13,833,000 after acquiring an additional 170,049 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at about $445,000. Oceanside Advisors LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 3.9% during the 4th quarter. Oceanside Advisors LLC now owns 92,472 shares of the company’s stock valued at $2,418,000 after acquiring an additional 3,491 shares during the last quarter. Finally, Consolidated Portfolio Review Corp grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.0% in the fourth quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock valued at $309,000 after purchasing an additional 450 shares during the period.
Invesco Taxable Municipal Bond ETF Price Performance
NYSEARCA:BAB opened at $26.57 on Tuesday. The company’s 50-day moving average is $26.26 and its two-hundred day moving average is $26.85. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.61 and a 1-year high of $28.12.
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.
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