PFG Investments LLC Acquires 9,888 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

PFG Investments LLC raised its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 17.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,150 shares of the company’s stock after buying an additional 9,888 shares during the quarter. PFG Investments LLC owned about 0.14% of Invesco Taxable Municipal Bond ETF worth $1,796,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Peoples Bank KS raised its position in shares of Invesco Taxable Municipal Bond ETF by 51.2% in the 2nd quarter. Peoples Bank KS now owns 1,920 shares of the company’s stock worth $51,000 after purchasing an additional 650 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the second quarter worth about $57,000. Wagner Wealth Management LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 5,708.3% in the third quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock worth $77,000 after buying an additional 2,740 shares during the last quarter. Palisade Asset Management LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF in the first quarter worth approximately $143,000. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 44.0% during the second quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock valued at $144,000 after buying an additional 1,673 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.1 %

Shares of BAB opened at $26.73 on Friday. Invesco Taxable Municipal Bond ETF has a twelve month low of $24.46 and a twelve month high of $28.12. The company has a market capitalization of $1.28 billion, a P/E ratio of -199.62 and a beta of 0.22. The firm has a 50 day moving average of $27.43 and a 200 day moving average of $26.81.

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.