Keybank National Association OH Has $5.65 Million Stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Keybank National Association OH trimmed its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 216,122 shares of the company’s stock after selling 2,739 shares during the period. Keybank National Association OH owned about 0.45% of Invesco Taxable Municipal Bond ETF worth $5,652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BAB. Kingsview Wealth Management LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 121.4% during the third quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock worth $12,956,000 after buying an additional 257,701 shares during the period. NewEdge Wealth LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter worth about $4,710,000. Rational Advisors LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 47.4% during the fourth quarter. Rational Advisors LLC now owns 528,974 shares of the company’s stock worth $13,833,000 after buying an additional 170,049 shares during the period. MML Investors Services LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 92.5% during the third quarter. MML Investors Services LLC now owns 220,894 shares of the company’s stock worth $6,090,000 after buying an additional 106,123 shares during the period. Finally, BNP Paribas Financial Markets boosted its position in shares of Invesco Taxable Municipal Bond ETF by 83.9% during the third quarter. BNP Paribas Financial Markets now owns 104,835 shares of the company’s stock worth $2,890,000 after buying an additional 47,829 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

BAB stock opened at $26.76 on Thursday. The stock has a market capitalization of $974.06 million, a P/E ratio of -206.77 and a beta of 0.31. The business has a 50-day moving average of $26.34 and a 200-day moving average of $26.83. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.61 and a fifty-two week high of $28.12.

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.