Corient Private Wealth LLC Takes $3.46 Million Position in Invesco Taxable Municipal Bond ETF $BAB

Corient Private Wealth LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 127,199 shares of the company’s stock, valued at approximately $3,460,000. Corient Private Wealth LLC owned approximately 0.33% of Invesco Taxable Municipal Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BAB. Annex Advisory Services LLC acquired a new position in Invesco Taxable Municipal Bond ETF during the fourth quarter worth $83,386,000. Raymond James Financial Inc. raised its stake in shares of Invesco Taxable Municipal Bond ETF by 0.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,537,781 shares of the company’s stock worth $40,797,000 after buying an additional 4,693 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Invesco Taxable Municipal Bond ETF by 4.8% during the 4th quarter. HighTower Advisors LLC now owns 1,510,212 shares of the company’s stock worth $41,078,000 after buying an additional 68,974 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Invesco Taxable Municipal Bond ETF by 3.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,210,388 shares of the company’s stock worth $32,114,000 after buying an additional 41,295 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Invesco Taxable Municipal Bond ETF by 3.0% in the 3rd quarter. Bank of America Corp DE now owns 1,134,058 shares of the company’s stock worth $30,948,000 after buying an additional 32,625 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.3%

Shares of NYSEARCA BAB opened at $26.99 on Friday. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a 52 week low of $26.15 and a 52 week high of $27.73. The company’s 50-day moving average price is $26.80 and its 200 day moving average price is $27.06.

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.