Invesco Taxable Municipal Bond ETF $BAB Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 103,640 shares of the company’s stock, valued at approximately $2,622,000.

Several other large investors have also made changes to their positions in the business. Tortoise Investment Management LLC lifted its holdings in Invesco Taxable Municipal Bond ETF by 8.5% in the 2nd quarter. Tortoise Investment Management LLC now owns 464,700 shares of the company’s stock worth $12,473,000 after purchasing an additional 36,222 shares in the last quarter. Spartan Wealth Advisory Services LLC bought a new position in Invesco Taxable Municipal Bond ETF in the 1st quarter worth approximately $1,291,000. Cetera Investment Advisers grew its holdings in Invesco Taxable Municipal Bond ETF by 40.4% during the 1st quarter. Cetera Investment Advisers now owns 119,002 shares of the company’s stock valued at $3,208,000 after buying an additional 34,214 shares in the last quarter. Annex Advisory Services LLC grew its holdings in Invesco Taxable Municipal Bond ETF by 4.8% during the 2nd quarter. Annex Advisory Services LLC now owns 3,331,378 shares of the company’s stock valued at $89,414,000 after buying an additional 151,384 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in Invesco Taxable Municipal Bond ETF during the 3rd quarter valued at approximately $709,000.

Invesco Taxable Municipal Bond ETF Price Performance

Invesco Taxable Municipal Bond ETF stock opened at $26.02 on Friday. Invesco Taxable Municipal Bond ETF has a 1 year low of $25.15 and a 1 year high of $27.73. The firm’s 50 day moving average price is $25.77 and its 200-day moving average price is $26.59. The stock has a market cap of $878.17 million, a P/E ratio of -202.23 and a beta of 0.30.

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.