PFG Investments LLC Trims Stock Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

PFG Investments LLC cut its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,320 shares of the company’s stock after selling 1,830 shares during the quarter. PFG Investments LLC owned about 0.13% of Invesco Taxable Municipal Bond ETF worth $1,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of BAB. Kingsview Wealth Management LLC increased its position in shares of Invesco Taxable Municipal Bond ETF by 121.4% in the third quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock worth $12,956,000 after purchasing an additional 257,701 shares during the last quarter. Rational Advisors LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 92.6% in the 3rd quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after buying an additional 172,561 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 176.4% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 182,539 shares of the company’s stock valued at $5,033,000 after buying an additional 116,500 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 92.5% during the 3rd quarter. MML Investors Services LLC now owns 220,894 shares of the company’s stock worth $6,090,000 after acquiring an additional 106,123 shares during the last quarter. Finally, Hudson Capital Management LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the third quarter worth $2,832,000.

Invesco Taxable Municipal Bond ETF Stock Up 0.6 %

NYSEARCA BAB opened at $26.33 on Tuesday. The stock’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 has a twelve month low of $25.61 and a twelve month high of $28.12. The company has a market capitalization of $1.26 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.