Nations Financial Group Inc. IA ADV Raises Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Nations Financial Group Inc. IA ADV lifted its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 14.6% during the second quarter, Holdings Channel reports. The institutional investor owned 12,479 shares of the company’s stock after acquiring an additional 1,587 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Invesco Taxable Municipal Bond ETF were worth $329,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Massmutual Trust Co. FSB ADV lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 3.6% in the first quarter. Massmutual Trust Co. FSB ADV now owns 15,134 shares of the company’s stock worth $402,000 after buying an additional 528 shares in the last quarter. Anderson Hoagland & Co. boosted its stake in Invesco Taxable Municipal Bond ETF by 0.5% during the 2nd quarter. Anderson Hoagland & Co. now owns 127,804 shares of the company’s stock valued at $3,392,000 after purchasing an additional 595 shares during the last quarter. Peoples Bank KS increased its holdings 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 worth $51,000 after purchasing an additional 650 shares in the last quarter. Wrapmanager Inc. raised its stake in shares of Invesco Taxable Municipal Bond ETF by 1.4% in the fourth quarter. Wrapmanager Inc. now owns 55,393 shares of the company’s stock worth $1,491,000 after purchasing an additional 762 shares during the last quarter. Finally, Kingfisher Capital LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 3.3% during the fourth quarter. Kingfisher Capital LLC now owns 23,612 shares of the company’s stock valued at $635,000 after purchasing an additional 762 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.1 %

NYSEARCA:BAB traded up $0.02 during trading hours on Friday, reaching $27.39. The company had a trading volume of 385,744 shares, compared to its average volume of 321,266. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. The firm’s 50 day moving average price is $26.95 and its 200-day moving average price is $26.54. Invesco Taxable Municipal Bond ETF has a 52 week low of $24.29 and a 52 week high of $27.77.

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.