GWN Securities Inc. Takes Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

GWN Securities Inc. acquired a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 8,127 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BAB. Consolidated Portfolio Review Corp raised its position in shares of Invesco Taxable Municipal Bond ETF by 4.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock worth $309,000 after acquiring an additional 450 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 3.7% during the 4th quarter. Park Avenue Securities LLC now owns 19,776 shares of the company’s stock worth $517,000 after acquiring an additional 708 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 1.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 77,776 shares of the company’s stock worth $2,042,000 after acquiring an additional 744 shares in the last quarter. Centric Wealth Management raised its position in shares of Invesco Taxable Municipal Bond ETF by 5.0% during the 3rd quarter. Centric Wealth Management now owns 20,596 shares of the company’s stock worth $547,000 after acquiring an additional 978 shares in the last quarter. Finally, Tidal Investments LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 4.8% during the 3rd quarter. Tidal Investments LLC now owns 35,694 shares of the company’s stock worth $984,000 after acquiring an additional 1,650 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of NYSEARCA BAB opened at $26.80 on Tuesday. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.61 and a fifty-two week high of $28.12. The firm has a market capitalization of $975.52 million, a PE ratio of -204.92 and a beta of 0.34. The stock’s 50-day simple moving average is $26.43 and its 200-day simple moving average is $26.79.

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.