Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Sees Strong Trading Volume

Invesco Taxable Municipal Bond ETF (NYSEARCA:BABGet Free Report) shares saw strong trading volume on Thursday . 9,303,181 shares were traded during mid-day trading, an increase of 3,548% from the previous session’s volume of 255,004 shares.The stock last traded at $26.56 and had previously closed at $26.67.

Invesco Taxable Municipal Bond ETF Trading Down 0.2 %

The company has a 50-day moving average price of $26.61 and a 200-day moving average price of $26.02.

Institutional Investors Weigh In On Invesco Taxable Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealthspire Advisors LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 10.7% during the fourth quarter. Wealthspire Advisors LLC now owns 3,049,364 shares of the company’s stock worth $82,058,000 after purchasing an additional 294,054 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 18.7% in the first quarter. Bank of America Corp DE now owns 2,677,250 shares of the company’s stock valued at $71,964,000 after buying an additional 421,051 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 8.1% in the third quarter. Ameriprise Financial Inc. now owns 2,147,224 shares of the company’s stock valued at $54,290,000 after buying an additional 161,349 shares in the last quarter. State of Wisconsin Investment Board increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 86.6% in the second quarter. State of Wisconsin Investment Board now owns 1,768,800 shares of the company’s stock valued at $46,962,000 after buying an additional 821,000 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF in the first quarter valued at $37,383,000.

About Invesco Taxable Municipal Bond ETF

(Get Free Report)

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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