Freedom Investment Management Inc. Has $5.39 Million Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Freedom Investment Management Inc. lifted its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 195,472 shares of the company’s stock after acquiring an additional 2,191 shares during the period. Freedom Investment Management Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $5,389,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisor Group LLC grew its position in Invesco Taxable Municipal Bond ETF by 1.9% in the 3rd quarter. Private Advisor Group LLC now owns 87,772 shares of the company’s stock worth $2,420,000 after purchasing an additional 1,648 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Invesco Taxable Municipal Bond ETF by 16.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock worth $30,683,000 after buying an additional 166,712 shares in the last quarter. Cetera Investment Advisers increased its stake in Invesco Taxable Municipal Bond ETF by 19.9% during the second quarter. Cetera Investment Advisers now owns 91,235 shares of the company’s stock valued at $2,407,000 after acquiring an additional 15,165 shares during the period. Koshinski Asset Management Inc. raised its holdings in Invesco Taxable Municipal Bond ETF by 67.2% in the 3rd quarter. Koshinski Asset Management Inc. now owns 18,970 shares of the company’s stock valued at $523,000 after acquiring an additional 7,626 shares in the last quarter. Finally, White Pine Investment CO raised its holdings in Invesco Taxable Municipal Bond ETF by 7.4% in the 3rd quarter. White Pine Investment CO now owns 105,011 shares of the company’s stock valued at $2,895,000 after acquiring an additional 7,228 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Down 0.3 %

Shares of NYSEARCA:BAB opened at $26.81 on Wednesday. The firm has a market capitalization of $1.28 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 1-year low of $25.57 and a 1-year high of $28.12. The business’s 50 day moving average is $27.01 and its 200-day moving average is $26.93.

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.