Mirae Asset Global Investments Co. Ltd. purchased a new position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 103,640 shares of the company’s stock, valued at approximately $2,622,000. Mirae Asset Global Investments Co. Ltd. owned 0.31% of Invesco Taxable Municipal Bond ETF as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. Latitude Advisors LLC bought a new position in Invesco Taxable Municipal Bond ETF during the third quarter valued at approximately $40,000. Gill Capital Partners LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF in the 2nd quarter worth $46,000. Western Wealth Management LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the 1st quarter valued at about $78,000. Farther Finance Advisors LLC grew its position in Invesco Taxable Municipal Bond ETF by 22,840.0% during the third quarter. Farther Finance Advisors LLC now owns 3,441 shares of the company’s stock valued at $87,000 after buying an additional 3,426 shares during the period. Finally, Fifth Third Bancorp bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the 1st quarter valued at $150,000.
Invesco Taxable Municipal Bond ETF Stock Performance
NYSEARCA:BAB opened at $26.02 on Friday. The stock has a 50-day simple moving average of $25.77 and a two-hundred day simple moving average of $26.59. The firm has a market capitalization of $878.17 million, a PE ratio of -202.23 and a beta of 0.30. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.15 and a 52-week high of $27.73.
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. 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.
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