Maltin Wealth Management Inc. Acquires 26,706 Shares of Invesco Taxable Municipal Bond ETF $BAB

Maltin Wealth Management Inc. boosted its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 10.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 280,336 shares of the company’s stock after purchasing an additional 26,706 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up 3.0% of Maltin Wealth Management Inc.’s portfolio, making the stock its 6th biggest holding. Maltin Wealth Management Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $7,625,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Chapman Financial Group LLC increased its stake in shares of Invesco Taxable Municipal Bond ETF by 1,212.5% during the 3rd quarter. Chapman Financial Group LLC now owns 21,000 shares of the company’s stock valued at $573,000 after acquiring an additional 19,400 shares during the last quarter. Guggenheim Capital LLC increased its position in Invesco Taxable Municipal Bond ETF by 11.0% during the second quarter. Guggenheim Capital LLC now owns 246,847 shares of the company’s stock worth $6,549,000 after purchasing an additional 24,409 shares during the last quarter. HighTower Advisors LLC increased its position in Invesco Taxable Municipal Bond ETF by 9.2% during the third quarter. HighTower Advisors LLC now owns 1,441,238 shares of the company’s stock worth $39,331,000 after purchasing an additional 121,880 shares during the last quarter. Redhawk Wealth Advisors Inc. purchased a new position in Invesco Taxable Municipal Bond ETF during the fourth quarter worth approximately $705,000. Finally, Keybank National Association OH boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 19.1% in the 3rd quarter. Keybank National Association OH now owns 215,063 shares of the company’s stock valued at $5,869,000 after purchasing an additional 34,433 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 1.0%

Shares of BAB opened at $26.96 on Wednesday. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.59 and a twelve month high of $27.73. The firm has a market capitalization of $1.04 billion, a P/E ratio of -202.23 and a beta of 0.32. The stock’s fifty day simple moving average is $27.22 and its 200 day simple moving average is $27.29.

About Invesco Taxable Municipal Bond ETF

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.