Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. cut its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 2.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,980 shares of the company’s stock after selling 2,231 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.23% of Invesco Taxable Municipal Bond ETF worth $2,177,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Money Concepts Capital Corp grew its stake in shares of Invesco Taxable Municipal Bond ETF by 2.9% in the first quarter. Money Concepts Capital Corp now owns 116,026 shares of the company’s stock valued at $3,096,000 after buying an additional 3,305 shares in the last quarter. KG&L Capital Management LLC grew its stake in shares of Invesco Taxable Municipal Bond ETF by 2.7% in the first quarter. KG&L Capital Management LLC now owns 68,781 shares of the company’s stock valued at $1,835,000 after buying an additional 1,834 shares in the last quarter. White Pine Investment CO grew its stake in shares of Invesco Taxable Municipal Bond ETF by 8.1% in the first quarter. White Pine Investment CO now owns 120,964 shares of the company’s stock valued at $3,227,000 after buying an additional 9,063 shares in the last quarter. FORM Wealth Advisors LLC purchased a new position in Invesco Taxable Municipal Bond ETF in the first quarter valued at about $258,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco Taxable Municipal Bond ETF by 6.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 57,602 shares of the company’s stock valued at $1,537,000 after purchasing an additional 3,336 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of BAB opened at $26.48 on Friday. The company has a market capitalization of $926.80 million, a P/E ratio of -202.23 and a beta of 0.18. Invesco Taxable Municipal Bond ETF has a one year low of $25.60 and a one year high of $28.12. The stock has a 50-day moving average price of $26.21 and a 200 day moving average price of $26.32.

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.