White Pine Investment CO Buys 7,228 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

White Pine Investment CO increased its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 7.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,011 shares of the company’s stock after buying an additional 7,228 shares during the period. White Pine Investment CO owned 0.22% of Invesco Taxable Municipal Bond ETF worth $2,895,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Private Advisor Group LLC raised its position in shares of Invesco Taxable Municipal Bond ETF by 1.9% in the 3rd quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after acquiring an additional 1,648 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Invesco Taxable Municipal Bond ETF by 8.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,115 shares of the company’s stock worth $1,915,000 after purchasing an additional 5,845 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 16.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock worth $30,683,000 after purchasing an additional 166,712 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Invesco Taxable Municipal Bond ETF by 10.2% during the first quarter. Commonwealth Equity Services LLC now owns 58,440 shares of the company’s stock valued at $1,552,000 after buying an additional 5,398 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 19.9% during the 2nd quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock valued at $2,407,000 after buying an additional 15,165 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

NYSEARCA:BAB opened at $26.55 on Friday. The firm’s 50-day moving average price is $27.36 and its 200-day moving average price is $26.84. The company 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 1-year low of $24.90 and a 1-year high of $28.12.

Invesco Taxable Municipal Bond ETF 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.