Keybank National Association OH Lowers Stock Position in Invesco Taxable Municipal Bond ETF $BAB

Keybank National Association OH lowered its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 0.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 180,630 shares of the company’s stock after selling 860 shares during the period. Keybank National Association OH’s holdings in Invesco Taxable Municipal Bond ETF were worth $4,792,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC lifted its position in Invesco Taxable Municipal Bond ETF by 116.6% during the second quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock valued at $82,000 after buying an additional 1,665 shares during the period. Harbour Investments Inc. lifted its position in Invesco Taxable Municipal Bond ETF by 25.7% during the second quarter. Harbour Investments Inc. now owns 5,824 shares of the company’s stock valued at $155,000 after buying an additional 1,189 shares during the period. Apollon Wealth Management LLC purchased a new position in Invesco Taxable Municipal Bond ETF during the second quarter valued at $210,000. Gilliland Jeter Wealth Management LLC lifted its position in Invesco Taxable Municipal Bond ETF by 25.8% during the first quarter. Gilliland Jeter Wealth Management LLC now owns 9,662 shares of the company’s stock valued at $258,000 after buying an additional 1,980 shares during the period. Finally, Progressive Investment Management Corp lifted its position in Invesco Taxable Municipal Bond ETF by 10.9% during the first quarter. Progressive Investment Management Corp now owns 13,506 shares of the company’s stock valued at $360,000 after buying an additional 1,325 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of NYSEARCA:BAB opened at $27.41 on Friday. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.59 and a 1-year high of $27.69. The business has a fifty day moving average price of $27.24 and a 200-day moving average price of $26.64. The company has a market capitalization of $1.01 billion, a PE ratio of -202.23 and a beta of 0.32.

Invesco Taxable Municipal Bond ETF Company 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.