Apollon Wealth Management LLC Acquires Shares of 7,926 Invesco Taxable Municipal Bond ETF $BAB

Apollon Wealth Management LLC acquired a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 7,926 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC lifted its position in Invesco Taxable Municipal Bond ETF by 116.6% in the second quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock valued at $82,000 after purchasing an additional 1,665 shares during the last quarter. FORM Wealth Advisors LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the first quarter valued at approximately $258,000. Gilliland Jeter Wealth Management LLC increased its stake in shares of 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. Progressive Investment Management Corp increased its stake in shares of 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. Finally, DAVENPORT & Co LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the second quarter valued at approximately $437,000.

Invesco Taxable Municipal Bond ETF Stock Performance

BAB opened at $27.55 on Monday. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.59 and a 52-week high of $27.64. The stock has a market capitalization of $946.34 million, a PE ratio of -202.23 and a beta of 0.18. The stock’s 50 day moving average price is $27.06 and its 200-day moving average price is $26.54.

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.