International Assets Investment Management LLC Acquires Shares of 86,919 Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

International Assets Investment Management LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 86,919 shares of the company’s stock, valued at approximately $2,339,000. International Assets Investment Management LLC owned 0.15% of Invesco Taxable Municipal Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BAB. United Asset Strategies Inc. grew its position in shares of Invesco Taxable Municipal Bond ETF by 2.3% in the 3rd quarter. United Asset Strategies Inc. now owns 63,467 shares of the company’s stock worth $1,605,000 after buying an additional 1,406 shares during the period. KG&L Capital Management LLC grew its position in shares of Invesco Taxable Municipal Bond ETF by 3.4% in the 4th quarter. KG&L Capital Management LLC now owns 60,641 shares of the company’s stock worth $1,632,000 after buying an additional 1,984 shares during the period. Advisory Alpha LLC grew its position in shares of Invesco Taxable Municipal Bond ETF by 16.1% in the 4th quarter. Advisory Alpha LLC now owns 75,487 shares of the company’s stock worth $2,031,000 after buying an additional 10,442 shares during the period. Kestra Advisory Services LLC grew its position in shares of Invesco Taxable Municipal Bond ETF by 12.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 16,412 shares of the company’s stock worth $415,000 after buying an additional 1,816 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of Invesco Taxable Municipal Bond ETF by 8.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,147,224 shares of the company’s stock worth $54,290,000 after buying an additional 161,349 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

NYSEARCA:BAB opened at $25.94 on Friday. Invesco Taxable Municipal Bond ETF has a 1-year low of $24.29 and a 1-year high of $27.33. The firm’s 50-day moving average price is $26.37 and its 200-day moving average price is $26.12. The company has a market capitalization of $1.26 billion, a PE ratio of -199.60 and a beta of 0.19.

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.