IHT Wealth Management LLC Purchases New Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

IHT Wealth Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 8,748 shares of the company’s stock, valued at approximately $241,000.

Several other institutional investors also recently bought and sold shares of the business. Kingsview Wealth Management LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 121.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock worth $12,956,000 after purchasing an additional 257,701 shares during the last quarter. Merriman Wealth Management LLC acquired a new position in Invesco Taxable Municipal Bond ETF in the 2nd quarter valued at $5,843,000. Shelter Ins Retirement Plan purchased a new position in Invesco Taxable Municipal Bond ETF in the 2nd quarter valued at $5,239,000. Rational Advisors LLC boosted its stake in Invesco Taxable Municipal Bond ETF by 92.6% during the 3rd quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after purchasing an additional 172,561 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 16.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock worth $30,683,000 after buying an additional 166,712 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.1 %

Shares of NYSEARCA BAB opened at $26.98 on Wednesday. The firm has a 50-day simple moving average of $26.89 and a 200-day simple moving average of $26.98. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.61 and a 52 week 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.