Spire Wealth Management Makes New $45,000 Investment in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Spire Wealth Management bought a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the fourth quarter, HoldingsChannel.com reports. The fund bought 1,732 shares of the company’s stock, valued at approximately $45,000.

Several other large investors also recently bought and sold shares of the business. Cetera Investment Advisers raised its position in Invesco Taxable Municipal Bond ETF by 19.9% during the second quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock valued at $2,407,000 after purchasing an additional 15,165 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 2nd quarter valued at approximately $333,000. Koshinski Asset Management Inc. increased its position in shares of Invesco Taxable Municipal Bond ETF by 67.2% during the 3rd quarter. Koshinski Asset Management Inc. now owns 18,970 shares of the company’s stock valued at $523,000 after purchasing an additional 7,626 shares during the last quarter. Wagner Wealth Management LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 5,708.3% during the 3rd quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock valued at $77,000 after buying an additional 2,740 shares during the period. Finally, Onyx Bridge Wealth Group LLC lifted its position in Invesco Taxable Municipal Bond ETF by 176.4% in the third quarter. Onyx Bridge Wealth Group LLC now owns 182,539 shares of the company’s stock worth $5,033,000 after buying an additional 116,500 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.5 %

BAB stock opened at $26.47 on Monday. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.61 and a twelve month high of $28.12. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. The firm’s fifty day simple moving average is $26.37 and its two-hundred day simple moving average is $26.89.

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.