Eagle Bluffs Wealth Management LLC Reduces Stock Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Eagle Bluffs Wealth Management LLC lessened its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 5.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,775 shares of the company’s stock after selling 6,762 shares during the quarter. Invesco Taxable Municipal Bond ETF comprises about 1.8% of Eagle Bluffs Wealth Management LLC’s holdings, making the stock its 17th largest holding. Eagle Bluffs Wealth Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $3,302,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in Invesco Taxable Municipal Bond ETF in the 1st quarter valued at about $6,004,000. Merriman Wealth Management LLC acquired a new position in Invesco Taxable Municipal Bond ETF in the second quarter valued at approximately $5,843,000. Shelter Ins Retirement Plan purchased a new position in Invesco Taxable Municipal Bond ETF in the second quarter worth approximately $5,239,000. Rational Advisors LLC increased its stake in 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 acquiring an additional 172,561 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position 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 valued at $30,683,000 after purchasing an additional 166,712 shares during the period.

Invesco Taxable Municipal Bond ETF Trading Up 0.4 %

NYSEARCA BAB opened at $26.81 on Friday. The stock has a fifty day simple moving average of $27.29 and a 200-day simple moving average of $26.86. The stock has a market cap of $1.28 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.04 and a twelve month high of $28.12.

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.