STAR Financial Bank Makes New $949,000 Investment in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

STAR Financial Bank bought a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the third quarter, HoldingsChannel reports. The firm bought 34,414 shares of the company’s stock, valued at approximately $949,000.

A number of other large investors also recently bought and sold shares of the company. Wrapmanager Inc. lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 26.9% in the 3rd quarter. Wrapmanager Inc. now owns 79,364 shares of the company’s stock worth $2,188,000 after purchasing an additional 16,815 shares during the last quarter. Kovack Advisors Inc. lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 9.1% in the 3rd 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. Baker Avenue Asset Management LP lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 7.5% in the 3rd quarter. Baker Avenue Asset Management LP now owns 89,058 shares of the company’s stock worth $2,455,000 after purchasing an additional 6,247 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 76.4% in the 3rd quarter. Sigma Planning Corp now owns 45,626 shares of the company’s stock worth $1,258,000 after purchasing an additional 19,764 shares during the last quarter. Finally, Rational Advisors LLC lifted its holdings in shares of Invesco Taxable Municipal Bond ETF by 92.6% in the 3rd quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after purchasing an additional 172,561 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Down 0.5 %

Shares of NYSEARCA BAB opened at $26.52 on Thursday. Invesco Taxable Municipal Bond ETF has a 12-month low of $25.46 and a 12-month high of $28.12. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. The stock’s 50 day simple moving average is $27.10 and its 200 day simple moving average is $26.91.

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.