Bank of Montreal Can Buys 8,260 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Bank of Montreal Can increased its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 534,725 shares of the company’s stock after buying an additional 8,260 shares during the quarter. Bank of Montreal Can owned about 1.12% of Invesco Taxable Municipal Bond ETF worth $14,277,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the fourth quarter valued at approximately $46,000. Sollinda Capital Management LLC purchased a new stake in Invesco Taxable Municipal Bond ETF in the fourth quarter worth $475,000. MGO One Seven LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 43.0% during the fourth quarter. MGO One Seven LLC now owns 129,968 shares of the company’s stock worth $3,497,000 after purchasing an additional 39,052 shares during the last quarter. Kingfisher Capital LLC boosted its stake 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 during the period. Finally, Freedom Investment Management Inc. bought a new position in shares of Invesco Taxable Municipal Bond ETF in the fourth quarter worth about $2,949,000.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of BAB opened at $27.63 on Friday. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 1-year low of $24.29 and a 1-year high of $28.12. The company has a 50-day moving average of $27.41 and a 200 day moving average of $26.71.

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.