United Asset Strategies Inc. Lowers Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

United Asset Strategies Inc. lowered its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 13.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,965 shares of the company’s stock after selling 11,283 shares during the period. United Asset Strategies Inc. owned approximately 0.15% of Invesco Taxable Municipal Bond ETF worth $1,830,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC increased its position in Invesco Taxable Municipal Bond ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,648 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Invesco Taxable Municipal Bond ETF by 16.6% during the third quarter. JPMorgan Chase & Co. now owns 78,807 shares of the company’s stock worth $2,173,000 after buying an additional 11,218 shares during the period. Sanctuary Advisors LLC increased its position in shares of Invesco Taxable Municipal Bond ETF by 67.9% in the third quarter. Sanctuary Advisors LLC now owns 21,735 shares of the company’s stock worth $578,000 after acquiring an additional 8,786 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Invesco Taxable Municipal Bond ETF by 3.7% in the 4th quarter. Park Avenue Securities LLC now owns 19,776 shares of the company’s stock valued at $517,000 after acquiring an additional 708 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of Invesco Taxable Municipal Bond ETF by 10.9% in the 3rd quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock valued at $5,473,000 after acquiring an additional 19,479 shares during the period.

Invesco Taxable Municipal Bond ETF Trading Down 0.0 %

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.16 on Monday. The company has a fifty day moving average price of $26.44 and a 200 day moving average price of $26.92. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.61 and a twelve month high of $28.12. The stock has a market cap of $1.25 billion, a price-to-earnings 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.