Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC cut its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 73.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,602 shares of the company’s stock after selling 26,847 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $265,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BAB. Bank of New York Mellon Corp boosted its position in Invesco Taxable Municipal Bond ETF by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,602,854 shares of the company’s stock valued at $42,283,000 after purchasing an additional 25,979 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco Taxable Municipal Bond ETF by 16.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock valued at $30,683,000 after buying an additional 166,712 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 1.6% in the 2nd quarter. Bank of Montreal Can now owns 534,725 shares of the company’s stock worth $14,277,000 after purchasing an additional 8,260 shares in the last quarter. Bangor Savings Bank increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 2.6% in the third quarter. Bangor Savings Bank now owns 490,126 shares of the company’s stock valued at $13,513,000 after buying an additional 12,600 shares in the last quarter. Finally, Rational Advisors LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 92.6% during the third quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after purchasing an additional 172,561 shares during the period.

Invesco Taxable Municipal Bond ETF Trading Up 0.2 %

BAB stock opened at $26.53 on Tuesday. Invesco Taxable Municipal Bond ETF has a one year low of $25.38 and a one year high of $28.12. The firm has a market capitalization of $1.27 billion, a PE ratio of -199.62 and a beta of 0.22. The firm has a 50-day moving average of $27.19 and a two-hundred day moving average of $26.91.

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.