Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Hits New 1-Year Low at $26.39

Invesco Taxable Municipal Bond ETF (NYSEARCA:BABGet Rating)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $26.39 and last traded at $26.43, with a volume of 3637 shares. The stock had previously closed at $26.48.

Invesco Taxable Municipal Bond ETF Stock Down 1.0 %

The firm’s fifty day moving average price is $27.53 and its 200-day moving average price is $28.07.

Institutional Trading of Invesco Taxable Municipal Bond ETF

Several large investors have recently added to or reduced their stakes in BAB. Jane Street Group LLC bought a new stake in Invesco Taxable Municipal Bond ETF in the first quarter valued at $37,383,000. Integrated Wealth Concepts LLC bought a new stake in Invesco Taxable Municipal Bond ETF in the fourth quarter valued at $32,862,000. Rational Advisors LLC boosted its holdings in Invesco Taxable Municipal Bond ETF by 89.9% in the first quarter. Rational Advisors LLC now owns 1,464,713 shares of the company’s stock valued at $43,458,000 after acquiring an additional 693,467 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco Taxable Municipal Bond ETF by 120.2% in the second quarter. LPL Financial LLC now owns 893,083 shares of the company’s stock valued at $24,756,000 after acquiring an additional 487,517 shares in the last quarter. Finally, Deer Park Road Corp bought a new stake in Invesco Taxable Municipal Bond ETF in the second quarter valued at $11,088,000.

Invesco Taxable Municipal Bond ETF Company Profile

(Get Rating)

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.

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