Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 67.9% during the third quarter, Holdings Channel.com reports. The firm owned 21,735 shares of the company’s stock after buying an additional 8,786 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $578,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in shares of Invesco Taxable Municipal Bond ETF by 1.6% in the second quarter. Bank of New York Mellon Corp now owns 1,602,854 shares of the company’s stock valued at $42,283,000 after buying an additional 25,979 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 310.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 178,449 shares of the company’s stock valued at $4,707,000 after acquiring an additional 135,017 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in Invesco Taxable Municipal Bond ETF by 14.6% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 12,479 shares of the company’s stock valued at $329,000 after acquiring an additional 1,587 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the 2nd quarter worth $57,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF during the second quarter worth $476,000.

Invesco Taxable Municipal Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:BAB opened at $26.17 on Thursday. The business has a fifty day simple moving average of $26.74 and a 200-day simple moving average of $26.99. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.61 and a 52 week high of $28.12. The company has a market cap of $1.25 billion, a P/E 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.