Gould Asset Management LLC CA Has $17.79 Million Stake in Invesco Taxable Municipal Bond ETF $BAB

Gould Asset Management LLC CA raised its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 653,858 shares of the company’s stock after purchasing an additional 37,422 shares during the period. Invesco Taxable Municipal Bond ETF accounts for approximately 3.2% of Gould Asset Management LLC CA’s holdings, making the stock its 6th biggest position. Gould Asset Management LLC CA owned 1.69% of Invesco Taxable Municipal Bond ETF worth $17,785,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sarver Vrooman Wealth Advisors bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at about $26,000. Root Financial Partners LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at about $32,000. Chapman Financial Group LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 2nd quarter valued at about $42,000. IFP Advisors Inc boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 26.6% during the 4th quarter. IFP Advisors Inc now owns 3,508 shares of the company’s stock valued at $95,000 after purchasing an additional 736 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at about $105,000.

Invesco Taxable Municipal Bond ETF Trading Up 0.2%

Shares of NYSEARCA:BAB opened at $26.82 on Tuesday. Invesco Taxable Municipal Bond ETF has a 12 month low of $26.01 and a 12 month high of $27.73. The company has a 50-day moving average price of $26.81 and a 200 day moving average price of $27.08. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -202.23 and a beta of 0.30.

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. 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.