Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Sees Unusually-High Trading Volume

Invesco Taxable Municipal Bond ETF (NYSEARCA:BABGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 492,182 shares changed hands during mid-day trading, an increase of 29% from the previous session’s volume of 381,271 shares.The stock last traded at $25.90 and had previously closed at $26.08.

Invesco Taxable Municipal Bond ETF Price Performance

The business has a 50-day simple moving average of $26.42 and a 200-day simple moving average of $26.11.

Institutional Investors Weigh In On Invesco Taxable Municipal Bond ETF

A number of institutional investors have recently modified their holdings of the company. Almanack Investment Partners LLC. acquired a new stake in Invesco Taxable Municipal Bond ETF during the 3rd quarter worth approximately $30,000. First United Bank & Trust purchased a new stake in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter worth $31,000. Sunbelt Securities Inc. acquired a new stake in shares of Invesco Taxable Municipal Bond ETF in the first quarter valued at $35,000. Concourse Financial Group Securities Inc. raised its stake in shares of Invesco Taxable Municipal Bond ETF by 68.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,396 shares of the company’s stock valued at $35,000 after acquiring an additional 569 shares in the last quarter. Finally, FMR LLC boosted its holdings in Invesco Taxable Municipal Bond ETF by 878.9% in the second quarter. FMR LLC now owns 1,302 shares of the company’s stock valued at $36,000 after purchasing an additional 1,169 shares during the period.

Invesco Taxable Municipal Bond ETF Company Profile

(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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