Gould Asset Management LLC CA Has $17.79 Million Stock Position in Invesco Taxable Municipal Bond ETF $BAB

Gould Asset Management LLC CA lifted its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.1% in the fourth quarter, Holdings Channel reports. The fund owned 653,858 shares of the company’s stock after purchasing an additional 37,422 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up 3.2% of Gould Asset Management LLC CA’s holdings, making the stock its 6th biggest holding. Gould Asset Management LLC CA’s holdings in Invesco Taxable Municipal Bond ETF were worth $17,785,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BAB. Annex Advisory Services LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter valued at about $83,386,000. Kingsview Wealth Management LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 109.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 713,285 shares of the company’s stock valued at $19,466,000 after acquiring an additional 372,417 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 44.4% in the 2nd quarter. Jane Street Group LLC now owns 565,488 shares of the company’s stock valued at $15,002,000 after acquiring an additional 173,932 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 9.2% in the 3rd quarter. HighTower Advisors LLC now owns 1,441,238 shares of the company’s stock valued at $39,331,000 after acquiring an additional 121,880 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 12.9% in the 3rd quarter. Bank of Montreal Can now owns 830,686 shares of the company’s stock valued at $22,669,000 after acquiring an additional 95,132 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

Invesco Taxable Municipal Bond ETF stock opened at $26.82 on Tuesday. Invesco Taxable Municipal Bond ETF has a 1-year low of $26.01 and a 1-year high of $27.73. The firm has a market capitalization of $1.03 billion, a P/E ratio of -202.23 and a beta of 0.30. The company’s 50-day moving average is $26.81 and its 200 day moving average is $27.08.

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. 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.