UMB Bank n.a. Increases Stock Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

UMB Bank n.a. increased its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 41.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,967 shares of the company’s stock after acquiring an additional 6,787 shares during the quarter. UMB Bank n.a.’s holdings in Invesco Taxable Municipal Bond ETF were worth $633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BAB. Peoples Bank KS lifted its stake in Invesco Taxable Municipal Bond ETF by 51.2% in the second quarter. Peoples Bank KS now owns 1,920 shares of the company’s stock worth $51,000 after acquiring an additional 650 shares during the period. Vima LLC purchased a new position in Invesco Taxable Municipal Bond ETF during the fourth quarter valued at $52,000. International Assets Investment Management LLC purchased a new position in Invesco Taxable Municipal Bond ETF during the second quarter valued at $57,000. Palisade Asset Management LLC purchased a new position in Invesco Taxable Municipal Bond ETF during the first quarter valued at $143,000. Finally, Cullen Frost Bankers Inc. lifted its position in Invesco Taxable Municipal Bond ETF by 44.0% during the second quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock valued at $144,000 after buying an additional 1,673 shares during the period.

Invesco Taxable Municipal Bond ETF Trading Down 0.4 %

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.98 on Friday. The firm has a market capitalization of $1.29 billion, a P/E ratio of -199.62 and a beta of 0.22. The business has a fifty day simple moving average of $27.51 and a two-hundred day simple moving average of $26.77. Invesco Taxable Municipal Bond ETF has a 12 month low of $24.29 and a 12 month high of $28.12.

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.