Onyx Bridge Wealth Group LLC Lowers Stock Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Onyx Bridge Wealth Group LLC lessened its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 65.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 63,622 shares of the company’s stock after selling 118,917 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $1,664,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Private Advisor Group LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,648 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Invesco Taxable Municipal Bond ETF by 16.6% during the third quarter. JPMorgan Chase & Co. now owns 78,807 shares of the company’s stock worth $2,173,000 after buying an additional 11,218 shares during the period. Park Avenue Securities LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 3.7% in the fourth quarter. Park Avenue Securities LLC now owns 19,776 shares of the company’s stock valued at $517,000 after acquiring an additional 708 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in Invesco Taxable Municipal Bond ETF by 67.9% in the third quarter. Sanctuary Advisors LLC now owns 21,735 shares of the company’s stock worth $578,000 after acquiring an additional 8,786 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in Invesco Taxable Municipal Bond ETF by 10.9% during the 3rd quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock worth $5,473,000 after acquiring an additional 19,479 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.6 %

Invesco Taxable Municipal Bond ETF stock opened at $26.54 on Thursday. The company has a fifty day simple moving average of $26.40 and a 200-day simple moving average of $26.90. The stock has a market cap of $1.27 billion, a P/E ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.61 and a 12-month high of $28.12.

Invesco Taxable Municipal Bond ETF Company 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.