Kingsview Wealth Management LLC Buys 257,701 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Kingsview Wealth Management LLC increased its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 121.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 469,941 shares of the company’s stock after buying an additional 257,701 shares during the period. Kingsview Wealth Management LLC owned 0.98% of Invesco Taxable Municipal Bond ETF worth $12,956,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of BAB. CreativeOne Wealth LLC acquired a new stake in Invesco Taxable Municipal Bond ETF in the 1st quarter worth about $540,000. Jane Street Group LLC acquired a new stake in Invesco Taxable Municipal Bond ETF in the 1st quarter worth about $6,004,000. Cetera Investment Advisers raised its stake in Invesco Taxable Municipal Bond ETF by 552.0% in the 1st quarter. Cetera Investment Advisers now owns 76,070 shares of the company’s stock worth $2,020,000 after purchasing an additional 64,402 shares in the last quarter. Astoria Portfolio Advisors LLC. raised its stake in Invesco Taxable Municipal Bond ETF by 10.5% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 78,301 shares of the company’s stock worth $2,066,000 after purchasing an additional 7,470 shares in the last quarter. Finally, Anderson Hoagland & Co. raised its stake in Invesco Taxable Municipal Bond ETF by 0.5% in the 2nd quarter. Anderson Hoagland & Co. now owns 127,804 shares of the company’s stock worth $3,392,000 after purchasing an additional 595 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Down 0.2 %

Shares of NYSEARCA:BAB opened at $26.57 on Friday. The firm has a 50 day moving average of $27.05 and a 200-day moving average of $26.92. The stock has a market capitalization of $1.27 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.54 and a 12 month 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.