Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Hits New 52-Week Low at $28.05

Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BABGet Rating) reached a new 52-week low on Thursday . The stock traded as low as $28.05 and last traded at $28.25, with a volume of 437455 shares trading hands. The stock had previously closed at $28.32.

The firm’s 50 day simple moving average is $29.76 and its two-hundred day simple moving average is $31.61.

Several institutional investors and hedge funds have recently made changes to their positions in BAB. Dynamic Advisor Solutions LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 6.2% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 29,509 shares of the company’s stock worth $973,000 after buying an additional 1,715 shares during the period. Oppenheimer & Co. Inc. increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 7.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 18,716 shares of the company’s stock valued at $617,000 after purchasing an additional 1,294 shares during the period. Amplius Wealth Advisors LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at about $34,000. Fifth Third Bancorp increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 1,446.2% in the 4th quarter. Fifth Third Bancorp now owns 5,025 shares of the company’s stock valued at $166,000 after purchasing an additional 4,700 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 0.7% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 46,939 shares of the company’s stock valued at $1,545,000 after purchasing an additional 344 shares during the period.

Invesco Taxable Municipal Bond ETF Company Profile (NYSEARCA:BAB)

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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