Wealthspire Advisors LLC Sells 28,197 Shares of Invesco Taxable Municipal Bond ETF $BAB

Wealthspire Advisors LLC reduced its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 11.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 216,111 shares of the company’s stock after selling 28,197 shares during the period. Wealthspire Advisors LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $5,733,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BAB. Janney Montgomery Scott LLC boosted its stake in Invesco Taxable Municipal Bond ETF by 2.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,641 shares of the company’s stock worth $786,000 after purchasing an additional 644 shares in the last quarter. Cerity Partners LLC increased its stake in Invesco Taxable Municipal Bond ETF by 1.8% during the 1st quarter. Cerity Partners LLC now owns 30,622 shares of the company’s stock valued at $817,000 after purchasing an additional 546 shares in the last quarter. Maltin Wealth Management Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 10.2% in the second quarter. Maltin Wealth Management Inc. now owns 259,337 shares of the company’s stock worth $6,880,000 after buying an additional 23,898 shares during the last quarter. Harbour Investments Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 25.7% in the second quarter. Harbour Investments Inc. now owns 5,824 shares of the company’s stock worth $155,000 after buying an additional 1,189 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 8.1% in the second quarter. Cullen Frost Bankers Inc. now owns 17,071 shares of the company’s stock worth $453,000 after buying an additional 1,274 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Up 0.5%

NYSEARCA:BAB opened at $27.44 on Wednesday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -202.23 and a beta of 0.32. The company’s 50 day moving average price is $27.36 and its 200-day moving average price is $26.73. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.59 and a 52 week high of $27.69.

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.