Anderson Hoagland & Co. Decreases Stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Anderson Hoagland & Co. cut its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 46.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,119 shares of the company’s stock after selling 61,784 shares during the period. Anderson Hoagland & Co.’s holdings in Invesco Taxable Municipal Bond ETF were worth $1,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Hudson Capital Management LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 6.5% during the 4th quarter. Hudson Capital Management LLC now owns 109,350 shares of the company’s stock worth $2,859,000 after acquiring an additional 6,631 shares in the last quarter. Advisory Alpha LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 6.9% during the fourth quarter. Advisory Alpha LLC now owns 52,268 shares of the company’s stock worth $1,367,000 after purchasing an additional 3,380 shares in the last quarter. White Pine Investment CO lifted its position in shares of Invesco Taxable Municipal Bond ETF by 6.6% during the 4th quarter. White Pine Investment CO now owns 111,901 shares of the company’s stock worth $2,926,000 after buying an additional 6,890 shares during the last quarter. Commons Capital LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at $359,000. Finally, Maltin Wealth Management Inc. grew its position in shares of Invesco Taxable Municipal Bond ETF by 8.2% in the 4th quarter. Maltin Wealth Management Inc. now owns 209,518 shares of the company’s stock valued at $5,479,000 after buying an additional 15,965 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of BAB opened at $26.16 on Friday. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.61 and a 1-year high of $28.12. The stock has a market cap of $1.25 billion, a PE ratio of -199.62 and a beta of 0.22. The firm has a fifty day moving average price of $26.44 and a 200 day moving average price of $26.92.

About Invesco Taxable Municipal Bond ETF

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.