Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by KG&L Capital Management LLC

KG&L Capital Management LLC lowered its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.1% in the third quarter, HoldingsChannel reports. The firm owned 63,809 shares of the company’s stock after selling 690 shares during the period. KG&L Capital Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $1,759,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peoples Bank KS grew its stake in shares of Invesco Taxable Municipal Bond ETF by 51.2% in the 2nd quarter. Peoples Bank KS now owns 1,920 shares of the company’s stock valued at $51,000 after buying an additional 650 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 2nd quarter valued at $57,000. Wagner Wealth Management LLC grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 5,708.3% during the 3rd quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock worth $77,000 after purchasing an additional 2,740 shares during the period. Cullen Frost Bankers Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 44.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock valued at $144,000 after buying an additional 1,673 shares during the period. Finally, Gilliland Jeter Wealth Management LLC boosted its stake in Invesco Taxable Municipal Bond ETF by 35.1% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 7,704 shares of the company’s stock worth $203,000 after buying an additional 2,000 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

NYSEARCA:BAB opened at $26.55 on Monday. The stock has a market capitalization of $1.27 billion, a P/E ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $24.90 and a fifty-two week high of $28.12. The company has a 50 day moving average price of $27.36 and a 200 day moving average price of $26.85.

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.