Onyx Bridge Wealth Group LLC Boosts Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Onyx Bridge Wealth Group LLC raised its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,501 shares of the company’s stock after buying an additional 11,788 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up approximately 1.6% of Onyx Bridge Wealth Group LLC’s holdings, making the stock its 18th largest holding. Onyx Bridge Wealth Group LLC owned 0.52% of Invesco Taxable Municipal Bond ETF worth $8,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BAB. JPMorgan Chase & Co. grew its holdings in Invesco Taxable Municipal Bond ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 46,258 shares of the company’s stock valued at $1,372,000 after buying an additional 1,698 shares during the period. Private Advisor Group LLC grew its holdings in Invesco Taxable Municipal Bond ETF by 10.0% in the 1st quarter. Private Advisor Group LLC now owns 16,268 shares of the company’s stock valued at $483,000 after buying an additional 1,485 shares during the period. Bank of Montreal Can grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 18.6% during the 1st quarter. Bank of Montreal Can now owns 53,481 shares of the company’s stock worth $1,586,000 after purchasing an additional 8,386 shares during the period. Mackay Shields LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF during the 1st quarter worth about $314,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 59.8% during the 1st quarter. NewEdge Advisors LLC now owns 65,197 shares of the company’s stock worth $1,934,000 after purchasing an additional 24,390 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of NYSEARCA:BAB traded up $0.06 during trading on Friday, reaching $25.94. 135,263 shares of the stock were exchanged, compared to its average volume of 380,221. Invesco Taxable Municipal Bond ETF has a 12-month low of $24.29 and a 12-month high of $27.33. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -199.60 and a beta of 0.19. The firm’s 50-day moving average price is $26.37 and its 200 day moving average price is $26.12.

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.