International Assets Investment Management LLC Takes Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

International Assets Investment Management LLC acquired a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,152 shares of the company’s stock, valued at approximately $57,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. First United Bank & Trust purchased a new position in Invesco Taxable Municipal Bond ETF during the fourth quarter worth about $31,000. Jones Financial Companies Lllp acquired a new stake in Invesco Taxable Municipal Bond ETF in the 4th quarter valued at approximately $46,000. Vima LLC purchased a new stake in Invesco Taxable Municipal Bond ETF in the fourth quarter valued at approximately $52,000. Peoples Bank KS lifted its stake in Invesco Taxable Municipal Bond ETF by 51.2% during the second 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. Finally, Palisade Asset Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the first quarter worth $143,000.

Invesco Taxable Municipal Bond ETF Trading Up 0.8 %

Shares of NYSEARCA BAB opened at $27.70 on Thursday. The stock has a fifty day simple moving average of $27.00 and a 200-day simple moving average of $26.56. Invesco Taxable Municipal Bond ETF has a twelve month low of $24.29 and a twelve month high of $27.77. The stock has a market capitalization of $1.33 billion, a PE 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.