HighTower Advisors LLC Has $41.08 Million Holdings in Invesco Taxable Municipal Bond ETF $BAB

HighTower Advisors LLC grew its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,510,212 shares of the company’s stock after buying an additional 68,974 shares during the quarter. HighTower Advisors LLC owned 3.90% of Invesco Taxable Municipal Bond ETF worth $41,078,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Comerica Bank boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.7% in the third quarter. Comerica Bank now owns 11,752 shares of the company’s stock valued at $321,000 after buying an additional 532 shares during the period. Millington Financial Advisors LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.0% in the third quarter. Millington Financial Advisors LLC now owns 16,035 shares of the company’s stock valued at $439,000 after buying an additional 622 shares during the period. Delta Wealth Advisors LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 7.2% in the fourth quarter. Delta Wealth Advisors LLC now owns 12,922 shares of the company’s stock valued at $351,000 after buying an additional 864 shares during the period. Moors & Cabot Inc. boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 7.0% in the third quarter. Moors & Cabot Inc. now owns 15,423 shares of the company’s stock valued at $421,000 after buying an additional 1,006 shares during the period. Finally, Traub Capital Management LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 8.8% in the third quarter. Traub Capital Management LLC now owns 13,540 shares of the company’s stock valued at $370,000 after buying an additional 1,100 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Up 0.0%

Invesco Taxable Municipal Bond ETF stock opened at $26.48 on Friday. The stock has a market capitalization of $1.02 billion, a PE ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.65 and a twelve month high of $27.73. The company has a 50 day moving average of $26.88 and a 200-day moving average of $27.16.

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.