White Pine Investment CO Acquires New Position in Invesco Taxable Municipal Bond ETF (BAB)

White Pine Investment CO acquired a new stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,857 shares of the company’s stock, valued at approximately $519,000. White Pine Investment CO owned 0.06% of Invesco Taxable Municipal Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in Invesco Taxable Municipal Bond ETF by 16.0% during the first quarter. JPMorgan Chase & Co. now owns 47,872 shares of the company’s stock worth $1,442,000 after purchasing an additional 6,598 shares during the period. BNP Paribas Arbitrage SA purchased a new position in Invesco Taxable Municipal Bond ETF during the first quarter worth approximately $136,000. Commonwealth Equity Services LLC raised its stake in Invesco Taxable Municipal Bond ETF by 16.8% during the first quarter. Commonwealth Equity Services LLC now owns 32,469 shares of the company’s stock worth $978,000 after purchasing an additional 4,676 shares during the period. Rational Advisors LLC purchased a new position in Invesco Taxable Municipal Bond ETF during the first quarter worth approximately $256,000. Finally, Bangor Savings Bank raised its stake in Invesco Taxable Municipal Bond ETF by 1.8% during the second quarter. Bangor Savings Bank now owns 188,610 shares of the company’s stock worth $5,584,000 after purchasing an additional 3,407 shares during the period.

NYSEARCA:BAB traded down $0.01 during trading hours on Thursday, reaching $28.85. 80,729 shares of the company were exchanged, compared to its average volume of 118,206. Invesco Taxable Municipal Bond ETF has a 52-week low of $28.64 and a 52-week high of $30.81.

The business also recently declared a monthly dividend, which was paid on Friday, September 28th. Shareholders of record on Tuesday, September 25th were paid a dividend of $0.1049 per share. The ex-dividend date was Monday, September 24th. This represents a $1.26 dividend on an annualized basis and a yield of 4.36%. This is an increase from Invesco Taxable Municipal Bond ETF’s previous monthly dividend of $0.10.

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.

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Want to see what other hedge funds are holding BAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB).

Institutional Ownership by Quarter for Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

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