Astoria Portfolio Advisors LLC. Purchases 4,426 Shares of Invesco Taxable Municipal Bond ETF $BAB

Astoria Portfolio Advisors LLC. grew its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 98,626 shares of the company’s stock after acquiring an additional 4,426 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up 0.7% of Astoria Portfolio Advisors LLC.’s holdings, making the stock its 25th largest holding. Astoria Portfolio Advisors LLC.’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,594,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of BAB. Onyx Bridge Wealth Group LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 502.1% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 383,090 shares of the company’s stock valued at $10,221,000 after buying an additional 319,468 shares during the period. Tortoise Investment Management LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 52.9% in the 1st quarter. Tortoise Investment Management LLC now owns 389,790 shares of the company’s stock worth $10,400,000 after purchasing an additional 134,887 shares during the period. HighTower Advisors LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 9.2% in the 1st quarter. HighTower Advisors LLC now owns 1,270,735 shares of the company’s stock worth $33,903,000 after purchasing an additional 106,775 shares during the period. Gould Asset Management LLC CA raised its holdings in Invesco Taxable Municipal Bond ETF by 12.0% in the 1st quarter. Gould Asset Management LLC CA now owns 559,898 shares of the company’s stock worth $14,938,000 after purchasing an additional 59,985 shares during the period. Finally, Hobbs Group Advisors LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 34.2% in the 2nd quarter. Hobbs Group Advisors LLC now owns 170,650 shares of the company’s stock worth $4,527,000 after purchasing an additional 43,466 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $27.38 on Monday. Invesco Taxable Municipal Bond ETF has a one year low of $25.59 and a one year high of $27.54. The stock’s fifty day moving average is $26.99 and its 200 day moving average is $26.51. The stock has a market cap of $937.77 million, a P/E ratio of -202.23 and a beta of 0.18.

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.