Progressive Investment Management Corp Has $319,000 Stock Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Progressive Investment Management Corp boosted its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 47.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,181 shares of the company’s stock after purchasing an additional 3,894 shares during the period. Progressive Investment Management Corp’s holdings in Invesco Taxable Municipal Bond ETF were worth $319,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. 1620 Investment Advisors Inc. bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at approximately $30,000. Spire Wealth Management bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter worth $45,000. GWN Securities Inc. acquired a new position in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter worth $213,000. IHT Wealth Management LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF in the 3rd quarter valued at $241,000. Finally, Consolidated Portfolio Review Corp boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock valued at $309,000 after acquiring an additional 450 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Up 0.6 %

Shares of BAB opened at $26.56 on Friday. The business has a 50-day simple moving average of $26.54 and a two-hundred day simple moving average of $26.73. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.61 and a 12-month high of $28.12. The stock has a market cap of $966.78 million, a PE ratio of -204.92 and a beta of 0.34.

Invesco Taxable Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.0927 per share. The ex-dividend date was Monday, March 24th. This is an increase from Invesco Taxable Municipal Bond ETF’s previous dividend of $0.09.

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.