Whipplewood Advisors LLC Takes $724,000 Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Whipplewood Advisors LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,681 shares of the company’s stock, valued at approximately $724,000. Whipplewood Advisors LLC owned approximately 0.06% of Invesco Taxable Municipal Bond ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 16.6% in the third quarter. JPMorgan Chase & Co. now owns 78,807 shares of the company’s stock valued at $2,173,000 after purchasing an additional 11,218 shares during the period. Park Avenue Securities LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 3.7% during the 4th quarter. Park Avenue Securities LLC now owns 19,776 shares of the company’s stock valued at $517,000 after acquiring an additional 708 shares during the period. Sanctuary Advisors LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 67.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 21,735 shares of the company’s stock valued at $578,000 after acquiring an additional 8,786 shares during the period. Stifel Financial Corp boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 10.9% during the 3rd quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock worth $5,473,000 after acquiring an additional 19,479 shares in the last quarter. Finally, White Pine Investment CO grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 7.4% in the 3rd quarter. White Pine Investment CO now owns 105,011 shares of the company’s stock worth $2,895,000 after acquiring an additional 7,228 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Up 0.6 %

Shares of BAB stock opened at $26.88 on Thursday. The stock has a market cap of $1.29 billion, a P/E ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.61 and a fifty-two week high of $28.12. The business has a fifty day simple moving average of $26.27 and a 200-day simple moving average of $26.85.

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.