Hyposwiss Advisors SA Acquires New Shares in Invesco Taxable Municipal Bond ETF $BAB

Hyposwiss Advisors SA acquired a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,845 shares of the company’s stock, valued at approximately $567,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Chapman Financial Group LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 1,212.5% in the third quarter. Chapman Financial Group LLC now owns 21,000 shares of the company’s stock valued at $573,000 after purchasing an additional 19,400 shares during the last quarter. AE Wealth Management LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 3,306.4% in the fourth quarter. AE Wealth Management LLC now owns 87,715 shares of the company’s stock valued at $2,386,000 after purchasing an additional 85,140 shares during the last quarter. Capstone Capital LLC increased its holdings in Invesco Taxable Municipal Bond ETF by 1,077.3% in the fourth quarter. Capstone Capital LLC now owns 23,652 shares of the company’s stock valued at $643,000 after purchasing an additional 21,643 shares during the last quarter. Annex Advisory Services LLC bought a new stake in Invesco Taxable Municipal Bond ETF in the fourth quarter valued at about $83,386,000. Finally, Patten Group Inc. increased its holdings in Invesco Taxable Municipal Bond ETF by 22.0% in the fourth quarter. Patten Group Inc. now owns 104,654 shares of the company’s stock valued at $2,847,000 after purchasing an additional 18,899 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Down 0.2%

NYSEARCA BAB opened at $26.83 on Thursday. The stock has a 50-day simple moving average of $26.81 and a 200 day simple moving average of $27.07. The company has a market capitalization of $1.03 billion, a PE ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a 12 month low of $26.01 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.