Glassy Mountain Advisors Inc. Boosts Stock Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Glassy Mountain Advisors Inc. boosted its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 34.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,718 shares of the company’s stock after purchasing an additional 9,167 shares during the period. Glassy Mountain Advisors Inc. owned about 0.07% of Invesco Taxable Municipal Bond ETF worth $934,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Schmidt P J Investment Management Inc. boosted its position in Invesco Taxable Municipal Bond ETF by 1.2% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 232,709 shares of the company’s stock worth $6,085,000 after purchasing an additional 2,841 shares during the last quarter. Spire Wealth Management purchased a new position in Invesco Taxable Municipal Bond ETF in the fourth quarter worth $45,000. KG&L Capital Management LLC boosted its position in Invesco Taxable Municipal Bond ETF by 4.9% in the fourth quarter. KG&L Capital Management LLC now owns 66,947 shares of the company’s stock worth $1,751,000 after purchasing an additional 3,138 shares during the last quarter. Hudson Capital Management LLC boosted its position in Invesco Taxable Municipal Bond ETF by 6.5% in the fourth quarter. Hudson Capital Management LLC now owns 109,350 shares of the company’s stock worth $2,859,000 after purchasing an additional 6,631 shares during the last quarter. Finally, Advisory Alpha LLC boosted its position in Invesco Taxable Municipal Bond ETF by 6.9% in the fourth quarter. Advisory Alpha LLC now owns 52,268 shares of the company’s stock worth $1,367,000 after purchasing an additional 3,380 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.2 %

BAB stock opened at $26.60 on Friday. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.61 and a 1-year high of $28.12. The stock’s fifty day simple moving average is $26.39 and its two-hundred day simple moving average is $26.89. The stock has a market cap of $1.27 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.