81,250 Shares in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Purchased by Treynor Bancshares Inc.

Treynor Bancshares Inc. purchased a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 81,250 shares of the company’s stock, valued at approximately $2,125,000. Invesco Taxable Municipal Bond ETF makes up 2.2% of Treynor Bancshares Inc.’s investment portfolio, making the stock its 17th biggest position. Treynor Bancshares Inc. owned approximately 0.17% of Invesco Taxable Municipal Bond ETF at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its stake in Invesco Taxable Municipal Bond ETF by 83.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 104,835 shares of the company’s stock valued at $2,890,000 after acquiring an additional 47,829 shares during the period. Hilltop Holdings Inc. lifted its holdings in Invesco Taxable Municipal Bond ETF by 32.1% during the third quarter. Hilltop Holdings Inc. now owns 25,062 shares of the company’s stock valued at $691,000 after purchasing an additional 6,094 shares in the last quarter. HighTower Advisors LLC grew its position in shares of Invesco Taxable Municipal Bond ETF by 4.1% in the third quarter. HighTower Advisors LLC now owns 1,004,497 shares of the company’s stock valued at $27,694,000 after purchasing an additional 39,588 shares during the period. IHT Wealth Management LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF during the third quarter worth about $241,000. Finally, Stifel Financial Corp raised its position in shares of Invesco Taxable Municipal Bond ETF by 10.9% during the 3rd quarter. Stifel Financial Corp now owns 198,525 shares of the company’s stock worth $5,473,000 after purchasing an additional 19,479 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.5 %

BAB stock opened at $26.68 on Tuesday. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.61 and a 12-month high of $28.12. The business’s 50-day moving average is $26.55 and its 200 day moving average is $26.71. The stock has a market cap of $971.15 million, a price-to-earnings ratio of -204.92 and a beta of 0.34.

Invesco Taxable Municipal Bond ETF Increases Dividend

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

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.