Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by United Asset Strategies Inc.

United Asset Strategies Inc. decreased its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,248 shares of the company’s stock after selling 919 shares during the quarter. United Asset Strategies Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,240,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Peoples Bank KS increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 51.2% in the 2nd quarter. Peoples Bank KS now owns 1,920 shares of the company’s stock valued at $51,000 after purchasing an additional 650 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the second quarter worth $57,000. Wagner Wealth Management LLC grew its stake in Invesco Taxable Municipal Bond ETF by 5,708.3% in the third quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock valued at $77,000 after purchasing an additional 2,740 shares in the last quarter. Palisade Asset Management LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF during the 1st quarter worth about $143,000. Finally, Cullen Frost Bankers Inc. lifted its holdings 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 buying an additional 1,673 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.3 %

Shares of NYSEARCA:BAB traded down $0.07 on Thursday, reaching $26.67. The company had a trading volume of 30,777 shares, compared to its average volume of 319,560. Invesco Taxable Municipal Bond ETF has a twelve month low of $24.49 and a twelve month high of $28.12. The stock has a 50-day moving average price of $27.39 and a 200 day moving average price of $26.83. The stock has a market capitalization of $1.28 billion, a P/E ratio of -199.62 and a beta of 0.22.

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.