Wealthspire Advisors LLC Sells 110,052 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Wealthspire Advisors LLC lowered its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 26.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 312,111 shares of the company’s stock after selling 110,052 shares during the quarter. Wealthspire Advisors LLC owned 0.65% of Invesco Taxable Municipal Bond ETF worth $8,162,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BAB. Private Advisor Group LLC lifted its stake in shares of 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 during the last quarter. PFG Investments LLC boosted its position in Invesco Taxable Municipal Bond ETF by 17.9% during the third quarter. PFG Investments LLC now owns 65,150 shares of the company’s stock worth $1,796,000 after purchasing an additional 9,888 shares in the last quarter. Petra Financial Advisors Inc. boosted its position in Invesco Taxable Municipal Bond ETF by 2.4% during the third quarter. Petra Financial Advisors Inc. now owns 58,356 shares of the company’s stock worth $1,609,000 after purchasing an additional 1,348 shares in the last quarter. Oceanside Advisors LLC lifted its position in Invesco Taxable Municipal Bond ETF by 0.8% during the third quarter. Oceanside Advisors LLC now owns 88,981 shares of the company’s stock worth $2,453,000 after buying an additional 672 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Invesco Taxable Municipal Bond ETF by 5.4% during the third quarter. Farther Finance Advisors LLC now owns 34,368 shares of the company’s stock worth $948,000 after acquiring an additional 1,770 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Up 0.7 %

BAB stock opened at $26.60 on Friday. The business has a fifty day moving average of $26.26 and a two-hundred day moving average of $26.85. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.61 and a 52-week high of $28.12.

About Invesco Taxable Municipal Bond ETF

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.