Tidal Investments LLC Boosts Stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Tidal Investments LLC raised its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,694 shares of the company’s stock after acquiring an additional 1,650 shares during the period. Tidal Investments LLC owned approximately 0.07% of Invesco Taxable Municipal Bond ETF worth $984,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in Invesco Taxable Municipal Bond ETF in the second quarter valued at $57,000. Wagner Wealth Management LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 5,708.3% in the 3rd quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock worth $77,000 after purchasing an additional 2,740 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Invesco Taxable Municipal Bond ETF by 44.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock valued at $144,000 after purchasing an additional 1,673 shares during the last quarter. Peoples Bank KS raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 350.3% during the 3rd quarter. Peoples Bank KS now owns 8,645 shares of the company’s stock valued at $238,000 after buying an additional 6,725 shares in the last quarter. Finally, IHT Wealth Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the 3rd quarter valued at about $241,000.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of BAB opened at $26.27 on Friday. Invesco Taxable Municipal Bond ETF has a 1 year low of $25.61 and a 1 year high of $28.12. The stock has a 50 day simple moving average of $26.79 and a two-hundred day simple moving average of $27.00. The firm has a market cap of $1.26 billion, a P/E ratio of -199.62 and a beta of 0.22.

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.