Oceanside Advisors LLC Acquires 4,131 Shares of Invesco Taxable Municipal Bond ETF $BAB

Oceanside Advisors LLC boosted its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 107,036 shares of the company’s stock after acquiring an additional 4,131 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up approximately 1.9% of Oceanside Advisors LLC’s holdings, making the stock its 15th biggest holding. Oceanside Advisors LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,840,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. HighTower Advisors LLC boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 9.2% in the 1st quarter. HighTower Advisors LLC now owns 1,270,735 shares of the company’s stock valued at $33,903,000 after purchasing an additional 106,775 shares in the last quarter. Gould Asset Management LLC CA increased its position 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 purchasing an additional 59,985 shares in the last quarter. Conning Inc. lifted its stake in Invesco Taxable Municipal Bond ETF by 4.3% in the 1st quarter. Conning Inc. now owns 490,000 shares of the company’s stock valued at $13,073,000 after purchasing an additional 20,000 shares during the last quarter. Tortoise Investment Management LLC boosted its position in Invesco Taxable Municipal Bond ETF by 52.9% in the first quarter. Tortoise Investment Management LLC now owns 389,790 shares of the company’s stock valued at $10,400,000 after buying an additional 134,887 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its position in Invesco Taxable Municipal Bond ETF by 502.1% in the first 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 in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of BAB opened at $27.16 on Monday. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.59 and a 52 week high of $27.80. The stock has a market capitalization of $947.88 million, a price-to-earnings ratio of -202.23 and a beta of 0.18. The stock has a fifty day moving average of $26.81 and a 200-day moving average of $26.47.

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.