Financial Architects Inc Buys 3,327 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Financial Architects Inc lifted its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,836 shares of the company’s stock after purchasing an additional 3,327 shares during the period. Financial Architects Inc’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,981,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco Taxable Municipal Bond ETF during the 1st quarter worth $13,670,000. Resources Investment Advisors LLC. acquired a new stake in Invesco Taxable Municipal Bond ETF during the 2nd quarter worth $349,000. Balentine LLC acquired a new stake in Invesco Taxable Municipal Bond ETF during the 1st quarter worth $70,000. Palladium Partners LLC acquired a new stake in Invesco Taxable Municipal Bond ETF during the 1st quarter worth $1,838,000. Finally, Capital Investment Advisory Services LLC raised its stake in Invesco Taxable Municipal Bond ETF by 41.9% during the 2nd quarter. Capital Investment Advisory Services LLC now owns 164,865 shares of the company’s stock worth $5,470,000 after buying an additional 48,694 shares during the period.

Invesco Taxable Municipal Bond ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $33.59. 770 shares of the company’s stock were exchanged, compared to its average volume of 348,389. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $31.68 and a fifty-two week high of $34.00. The company’s 50 day simple moving average is $33.56 and its 200-day simple moving average is $32.91.

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

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