Centric Wealth Management Purchases 2,086 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Centric Wealth Management increased its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 10.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,682 shares of the company’s stock after acquiring an additional 2,086 shares during the period. Centric Wealth Management’s holdings in Invesco Taxable Municipal Bond ETF were worth $593,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in shares of Invesco Taxable Municipal Bond ETF by 83.9% in the third quarter. BNP Paribas Financial Markets now owns 104,835 shares of the company’s stock worth $2,890,000 after acquiring an additional 47,829 shares during the last quarter. Hilltop Holdings Inc. increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 32.1% in the third quarter. Hilltop Holdings Inc. now owns 25,062 shares of the company’s stock valued at $691,000 after purchasing an additional 6,094 shares in the last quarter. HighTower Advisors LLC raised its position in Invesco Taxable Municipal Bond ETF by 4.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,004,497 shares of the company’s stock worth $27,694,000 after purchasing an additional 39,588 shares during the last quarter. IHT Wealth Management LLC acquired a new position in Invesco Taxable Municipal Bond ETF during the 3rd quarter worth $241,000. Finally, Stifel Financial Corp boosted its position in Invesco Taxable Municipal Bond ETF by 10.9% in the 3rd quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock valued at $5,473,000 after buying an additional 19,479 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

NYSEARCA BAB opened at $26.68 on Tuesday. The stock has a market capitalization of $971.15 million, a P/E ratio of -204.92 and a beta of 0.34. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.61 and a 52 week high of $28.12. The stock has a fifty day moving average of $26.55 and a 200-day moving average of $26.71.

Invesco Taxable Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0927 dividend. This is a positive change from Invesco Taxable Municipal Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, March 24th.

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.