Keybank National Association OH Makes New Investment in Invesco Taxable Municipal Bond ETF $BAB

Keybank National Association OH bought a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 173,042 shares of the company’s stock, valued at approximately $4,378,000.

A number of other hedge funds have also made changes to their positions in the company. Latitude Advisors LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the 3rd quarter worth $40,000. Gill Capital Partners LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the 2nd quarter worth about $46,000. Western Wealth Management LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the 1st quarter worth about $78,000. Farther Finance Advisors LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 22,840.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,441 shares of the company’s stock worth $87,000 after buying an additional 3,426 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the 3rd quarter worth about $138,000.

Invesco Taxable Municipal Bond ETF Trading Down 0.8%

Shares of NYSEARCA BAB opened at $25.55 on Friday. The stock has a market cap of $866.14 million, a price-to-earnings ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.15 and a 52 week high of $27.73. The company’s 50-day moving average price is $25.74 and its 200 day moving average price is $26.56.

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.