Invesco Taxable Municipal Bond ETF $BAB Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 18.2% in the second quarter, Holdings Channel.com reports. The fund owned 96,940 shares of the company’s stock after purchasing an additional 14,960 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,572,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Onyx Bridge Wealth Group LLC raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 502.1% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 383,090 shares of the company’s stock valued at $10,221,000 after buying an additional 319,468 shares during the period. Tortoise Investment Management LLC lifted its holdings in Invesco Taxable Municipal Bond ETF by 52.9% during the 1st quarter. Tortoise Investment Management LLC now owns 389,790 shares of the company’s stock worth $10,400,000 after buying an additional 134,887 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Invesco Taxable Municipal Bond ETF by 9.2% during the 1st quarter. HighTower Advisors LLC now owns 1,270,735 shares of the company’s stock worth $33,903,000 after buying an additional 106,775 shares in the last quarter. Gould Asset Management LLC CA lifted its holdings in Invesco Taxable Municipal Bond ETF by 12.0% during the 1st quarter. Gould Asset Management LLC CA now owns 559,898 shares of the company’s stock worth $14,938,000 after buying an additional 59,985 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in Invesco Taxable Municipal Bond ETF by 10.2% during the 1st quarter. Kingsview Wealth Management LLC now owns 327,569 shares of the company’s stock worth $8,740,000 after buying an additional 30,256 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

BAB stock opened at $27.31 on Wednesday. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.59 and a 12 month high of $27.54. The company has a market cap of $927.17 million, a price-to-earnings ratio of -202.23 and a beta of 0.18. The company has a fifty day moving average price of $26.94 and a 200 day moving average price of $26.49.

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.