World Investment Advisors Grows Stock Position in Invesco Taxable Municipal Bond ETF $BAB

World Investment Advisors raised its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 75.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,139 shares of the company’s stock after buying an additional 20,673 shares during the quarter. World Investment Advisors owned about 0.12% of Invesco Taxable Municipal Bond ETF worth $1,309,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at approximately $26,000. Root Financial Partners LLC bought a new position in Invesco Taxable Municipal Bond ETF in the 4th quarter worth approximately $32,000. Chapman Financial Group LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the 2nd quarter valued at approximately $42,000. IFP Advisors Inc grew its stake in Invesco Taxable Municipal Bond ETF by 26.6% in the 4th quarter. IFP Advisors Inc now owns 3,508 shares of the company’s stock valued at $95,000 after buying an additional 736 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in Invesco Taxable Municipal Bond ETF during the 4th quarter valued at $105,000.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.93 on Friday. Invesco Taxable Municipal Bond ETF has a 12-month low of $26.01 and a 12-month high of $27.73. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -202.23 and a beta of 0.30. The company’s 50-day moving average price is $26.81 and its 200-day moving average price is $27.07.

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.