White Pine Investment CO Raises Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

White Pine Investment CO lifted its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,901 shares of the company’s stock after purchasing an additional 6,890 shares during the quarter. White Pine Investment CO owned about 0.23% of Invesco Taxable Municipal Bond ETF worth $2,926,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC grew its stake in shares of Invesco Taxable Municipal Bond ETF by 1.9% in the 3rd quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after buying an additional 1,648 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 67.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 21,735 shares of the company’s stock valued at $578,000 after acquiring an additional 8,786 shares during the last quarter. Stifel Financial Corp grew its position in Invesco Taxable Municipal Bond ETF by 10.9% in the third quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock worth $5,473,000 after acquiring an additional 19,479 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco Taxable Municipal Bond ETF by 19.9% during the second quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock worth $2,407,000 after acquiring an additional 15,165 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its position in Invesco Taxable Municipal Bond ETF by 67.2% during the third quarter. Koshinski Asset Management Inc. now owns 18,970 shares of the company’s stock valued at $523,000 after purchasing an additional 7,626 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.21 on Wednesday. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. The stock has a 50 day moving average price of $26.48 and a 200-day moving average price of $26.93. Invesco Taxable Municipal Bond ETF has a one year low of $25.61 and a one year high of $28.12.

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.