Joseph P. Lucia & Associates LLC Sells 2,005 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Joseph P. Lucia & Associates LLC lessened its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,400 shares of the company’s stock after selling 2,005 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $481,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wagner Wealth Management LLC increased 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 acquiring an additional 2,740 shares during the last quarter. Peoples Bank KS boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 350.3% in the 3rd quarter. Peoples Bank KS now owns 8,645 shares of the company’s stock worth $238,000 after purchasing an additional 6,725 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 3rd quarter valued at about $241,000. Kovack Advisors Inc. raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 9.1% during the 3rd quarter. Kovack Advisors Inc. now owns 9,603 shares of the company’s stock valued at $265,000 after buying an additional 803 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Invesco Taxable Municipal Bond ETF in the 2nd quarter worth approximately $333,000.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of NYSEARCA BAB opened at $26.33 on Tuesday. The stock has a market capitalization of $1.26 billion, a P/E ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a one year low of $25.61 and a one year high of $28.12. The firm’s 50 day simple moving average is $26.44 and its two-hundred day simple moving average is $26.92.

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.