Atlas Capital Advisors Inc. Invests $187,000 in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Atlas Capital Advisors Inc. bought a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,133 shares of the company’s stock, valued at approximately $187,000.

Several other large investors have also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 2.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,668,170 shares of the company’s stock valued at $43,623,000 after purchasing an additional 39,864 shares during the period. JPMorgan Chase & Co. increased its stake in Invesco Taxable Municipal Bond ETF by 16.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 78,807 shares of the company’s stock valued at $2,173,000 after buying an additional 11,218 shares during the period. Park Avenue Securities LLC raised 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 worth $517,000 after buying an additional 708 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 37.8% in the 4th quarter. Sanctuary Advisors LLC now owns 29,958 shares of the company’s stock worth $788,000 after acquiring an additional 8,223 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 10.9% in the third quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock valued at $5,473,000 after acquiring an additional 19,479 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

NYSEARCA BAB opened at $26.79 on Friday. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.61 and a 12 month high of $28.12. The firm has a market capitalization of $975.16 million, a PE ratio of -205.54 and a beta of 0.30. The company’s 50 day simple moving average is $26.60 and its 200 day simple moving average is $26.69.

Invesco Taxable Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0927 per share. The ex-dividend date was Monday, March 24th. This is a boost from Invesco Taxable Municipal Bond ETF’s previous dividend of $0.09.

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.