Invesco Taxable Municipal Bond ETF $BAB Stock Position Increased by Maltin Wealth Management Inc.

Maltin Wealth Management Inc. grew its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 10.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 280,336 shares of the company’s stock after purchasing an additional 26,706 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up approximately 3.0% of Maltin Wealth Management Inc.’s portfolio, making the stock its 6th largest holding. Maltin Wealth Management Inc. owned 0.74% of Invesco Taxable Municipal Bond ETF worth $7,625,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Chapman Financial Group LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the second quarter worth $42,000. Premier Financial Group purchased a new stake in Invesco Taxable Municipal Bond ETF during the 3rd quarter worth about $54,000. Clayton Financial Group LLC acquired a new position in Invesco Taxable Municipal Bond ETF in the 3rd quarter valued at about $55,000. AE Wealth Management LLC lifted its holdings in Invesco Taxable Municipal Bond ETF by 1,726.2% in the 3rd quarter. AE Wealth Management LLC now owns 2,575 shares of the company’s stock valued at $70,000 after purchasing an additional 2,434 shares in the last quarter. Finally, WealthShield Partners LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF during the 3rd quarter worth about $116,000.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of NYSEARCA BAB opened at $26.96 on Wednesday. The company has a 50-day simple moving average of $27.22 and a 200-day simple moving average of $27.29. The company has a market cap of $1.04 billion, a PE ratio of -202.23 and a beta of 0.32. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.59 and a 12 month high of $27.73.

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.