Patten Group Inc. Sells 4,232 Shares of Invesco Taxable Municipal Bond ETF $BAB

Patten Group Inc. lessened its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 4.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,140 shares of the company’s stock after selling 4,232 shares during the period. Patten Group Inc. owned approximately 0.25% of Invesco Taxable Municipal Bond ETF worth $2,285,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of BAB. Opal Wealth Advisors LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 116.6% in the 2nd quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock worth $82,000 after purchasing an additional 1,665 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 25.7% in the 2nd quarter. Harbour Investments Inc. now owns 5,824 shares of the company’s stock worth $155,000 after purchasing an additional 1,189 shares in the last quarter. Apollon Wealth Management LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF in the 2nd quarter worth $210,000. FORM Wealth Advisors LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF in the 1st quarter worth $258,000. Finally, Gilliland Jeter Wealth Management LLC increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 25.8% in the 1st quarter. Gilliland Jeter Wealth Management LLC now owns 9,662 shares of the company’s stock worth $258,000 after purchasing an additional 1,980 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.5%

Invesco Taxable Municipal Bond ETF stock opened at $27.67 on Wednesday. The firm has a market cap of $950.46 million, a price-to-earnings ratio of -202.23 and a beta of 0.18. The stock has a fifty day simple moving average of $27.10 and a two-hundred day simple moving average of $26.55. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.59 and a 12 month high of $27.69.

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.