Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Purchased by Tortoise Investment Management LLC

Tortoise Investment Management LLC raised its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 254,903 shares of the company’s stock after buying an additional 18,232 shares during the quarter. Tortoise Investment Management LLC owned about 0.53% of Invesco Taxable Municipal Bond ETF worth $6,666,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BAB. Spire Wealth Management acquired a new stake in Invesco Taxable Municipal Bond ETF during the 4th quarter valued at $45,000. IHT Wealth Management LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF during the third quarter worth $241,000. Kovack Advisors Inc. boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 9.1% during the third quarter. Kovack Advisors Inc. now owns 9,603 shares of the company’s stock worth $265,000 after purchasing an additional 803 shares during the last quarter. Consolidated Portfolio Review Corp boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 4.0% during the fourth quarter. Consolidated Portfolio Review Corp now owns 11,810 shares of the company’s stock worth $309,000 after purchasing an additional 450 shares during the last quarter. Finally, Millington Financial Advisors LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 19.3% during the fourth quarter. Millington Financial Advisors LLC now owns 12,001 shares of the company’s stock worth $316,000 after purchasing an additional 1,939 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.2 %

BAB stock opened at $26.70 on Monday. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.61 and a 52-week high of $28.12. The stock’s fifty day simple moving average is $26.37 and its 200-day simple moving average is $26.82. The stock has a market capitalization of $971.88 million, a price-to-earnings ratio of -206.77 and a beta of 0.31.

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.