Sigma Planning Corp Trims Stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Sigma Planning Corp reduced its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 50.8% during the 4th quarter, HoldingsChannel reports. The firm owned 15,505 shares of the company’s stock after selling 15,991 shares during the period. Sigma Planning Corp’s holdings in Invesco Taxable Municipal Bond ETF were worth $417,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Concourse Financial Group Securities Inc. increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 68.8% in the 3rd 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 during the period. Baystate Wealth Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at $40,000. Global Retirement Partners LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 34.6% in the 4th quarter. Global Retirement Partners LLC now owns 1,711 shares of the company’s stock valued at $46,000 after acquiring an additional 440 shares during the period. Allworth Financial LP purchased a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at $51,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at $68,000.

Invesco Taxable Municipal Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:BAB opened at $25.74 on Friday. The company has a market capitalization of $1.25 billion, a PE ratio of -199.60 and a beta of 0.19. Invesco Taxable Municipal Bond ETF has a 12-month low of $24.29 and a 12-month high of $27.33. The business’s fifty day simple moving average is $26.30 and its 200-day simple moving average is $26.15.

Invesco Taxable Municipal Bond ETF Profile

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.