Kingsview Wealth Management LLC Has $7.78 Million Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Kingsview Wealth Management LLC trimmed its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 36.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,313 shares of the company’s stock after selling 172,628 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $7,775,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Cetera Investment Advisers raised its holdings in Invesco Taxable Municipal Bond ETF by 19.9% in the 2nd quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock valued at $2,407,000 after acquiring an additional 15,165 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF in the second quarter worth $333,000. Park Avenue Securities LLC raised its stake in Invesco Taxable Municipal Bond ETF by 25.8% in the third quarter. Park Avenue Securities LLC now owns 19,068 shares of the company’s stock valued at $526,000 after purchasing an additional 3,912 shares in the last quarter. UMB Bank n.a. lifted its position in Invesco Taxable Municipal Bond ETF by 41.9% during the third quarter. UMB Bank n.a. now owns 22,967 shares of the company’s stock worth $633,000 after purchasing an additional 6,787 shares during the period. Finally, Koshinski Asset Management Inc. grew its stake in Invesco Taxable Municipal Bond ETF by 67.2% during the third quarter. Koshinski Asset Management Inc. now owns 18,970 shares of the company’s stock worth $523,000 after buying an additional 7,626 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.5 %

BAB stock opened at $26.47 on Friday. The company’s 50-day moving average price is $26.37 and its two-hundred day moving average price is $26.89. Invesco Taxable Municipal Bond ETF has a 12 month low of $25.61 and a 12 month high of $28.12. The firm has a market cap of $1.27 billion, a P/E ratio of -199.62 and a beta of 0.22.

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.