Invesco Taxable Municipal Bond ETF $BAB Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 758,986 shares of the company’s stock after acquiring an additional 45,701 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $20,644,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Chapman Financial Group LLC grew its position in Invesco Taxable Municipal Bond ETF by 1,212.5% in 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 in the last quarter. AE Wealth Management LLC grew its position in Invesco Taxable Municipal Bond ETF by 3,306.4% in the 4th quarter. AE Wealth Management LLC now owns 87,715 shares of the company’s stock valued at $2,386,000 after acquiring an additional 85,140 shares in the last quarter. Capstone Capital LLC grew its position in Invesco Taxable Municipal Bond ETF by 1,077.3% in the 4th quarter. Capstone Capital LLC now owns 23,652 shares of the company’s stock valued at $643,000 after acquiring an additional 21,643 shares in the last quarter. Patten Group Inc. grew its position in Invesco Taxable Municipal Bond ETF by 22.0% in the 4th quarter. Patten Group Inc. now owns 104,654 shares of the company’s stock valued at $2,847,000 after acquiring an additional 18,899 shares in the last quarter. Finally, Annex Advisory Services LLC acquired a new position in Invesco Taxable Municipal Bond ETF in the 4th quarter valued at about $83,386,000.

Invesco Taxable Municipal Bond ETF Price Performance

NYSEARCA BAB opened at $26.62 on Thursday. The company has a market cap of $1.03 billion, a P/E ratio of -202.23 and a beta of 0.30. The stock has a 50-day moving average of $26.84 and a two-hundred day moving average of $27.14. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.90 and a 1-year high of $27.73.

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. 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.