Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Hits New 52-Week Low – What’s Next?

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Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $25.60 and last traded at $25.66, with a volume of 33223 shares. The stock had previously closed at $25.69. Invesco Taxable Municipal Bond ETF Stock Up 0.6 % [...]

Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $25.60 and last traded at $25.

66, with a volume of 33223 shares. The stock had previously closed at $25.69.



Invesco Taxable Municipal Bond ETF Stock Up 0.6 %The company’s 50 day moving average price is $26.56 and its 200 day moving average price is $26.

61. The firm has a market capitalization of $940.58 million, a price-to-earnings ratio of -205.

54 and a beta of 0.30. Invesco Taxable Municipal Bond ETF Increases DividendThe company also recently disclosed a dividend, which was paid on Friday, March 28th.

Stockholders of record on Monday, March 24th were issued a $0.0927 dividend. The ex-dividend date of this dividend was Monday, March 24th.

This is a positive change from Invesco Taxable Municipal Bond ETF’s previous dividend of $0.09. Hedge Funds Weigh In On Invesco Taxable Municipal Bond ETFInstitutional investors have recently bought and sold shares of the business.

Hudson Capital Management LLC grew its position in Invesco Taxable Municipal Bond ETF by 4.2% during the 1st quarter. Hudson Capital Management LLC now owns 113,953 shares of the company’s stock worth $3,040,000 after purchasing an additional 4,603 shares during the period.

Maltin Wealth Management Inc. lifted its holdings in Invesco Taxable Municipal Bond ETF by 12.4% in the first quarter.

Maltin Wealth Management Inc. now owns 235,439 shares of the company’s stock valued at $6,282,000 after acquiring an additional 25,921 shares during the period. Lakeshore Capital Group Inc.

purchased a new stake in Invesco Taxable Municipal Bond ETF in the 1st quarter worth approximately $3,304,000. NBC Securities Inc. grew its stake in shares of Invesco Taxable Municipal Bond ETF by 58,136.

0% during the 1st quarter. NBC Securities Inc. now owns 14,559 shares of the company’s stock worth $388,000 after purchasing an additional 14,534 shares during the period.

Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Invesco Taxable Municipal Bond ETF by 3.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 26,542 shares of the company’s stock worth $708,000 after buying an additional 864 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Company Profile (Get Free Report)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.Read MoreFive stocks we like better than Invesco Taxable Municipal Bond ETFDiversification Can Smooth Returns And Mitigate Portfolio RiskRobinhood Strategies Could Be a Game-Changer for Young InvestorsHow to Invest in the Best Canadian Stocks Are These 3 Retail Stocks Oversold or Really in Trouble?How to Calculate Retirement Income: MarketBeat’s CalculatorIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.