Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Acquired by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 59.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,838 shares of the company’s stock after purchasing an additional 78,400 shares during the period. Great Valley Advisor Group Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $5,673,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BAB. Bank of New York Mellon Corp acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the third quarter worth $31,712,000. Private Ocean LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 42.6% in the fourth quarter. Private Ocean LLC now owns 898,275 shares of the company’s stock valued at $24,173,000 after acquiring an additional 268,246 shares in the last quarter. Schmidt P J Investment Management Inc. acquired a new stake in Invesco Taxable Municipal Bond ETF in the fourth quarter valued at $5,389,000. Envestnet Asset Management Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 33.5% in the third quarter. Envestnet Asset Management Inc. now owns 744,799 shares of the company’s stock valued at $18,836,000 after acquiring an additional 186,792 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in Invesco Taxable Municipal Bond ETF by 26.3% in the third quarter. Raymond James & Associates now owns 866,014 shares of the company’s stock valued at $21,901,000 after acquiring an additional 180,343 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

BAB opened at $25.81 on Thursday. The stock has a market capitalization of $1.26 billion, a PE ratio of -199.60 and a beta of 0.19. The firm’s fifty day moving average price is $26.27 and its 200 day moving average price is $26.17. Invesco Taxable Municipal Bond ETF has a 12-month low of $24.29 and a 12-month high of $27.33.

About Invesco Taxable Municipal Bond ETF

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.