Peoples Bank KS Sells 7,550 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Peoples Bank KS reduced its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 87.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,095 shares of the company’s stock after selling 7,550 shares during the quarter. Peoples Bank KS’s holdings in Invesco Taxable Municipal Bond ETF were worth $29,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Wagner Wealth Management LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 5,708.3% during the third quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock worth $77,000 after acquiring an additional 2,740 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in Invesco Taxable Municipal Bond ETF by 44.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock worth $144,000 after purchasing an additional 1,673 shares during the last quarter. IHT Wealth Management LLC bought a new stake in Invesco Taxable Municipal Bond ETF in the 3rd quarter valued at $241,000. Kovack Advisors Inc. grew its holdings in 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 valued at $265,000 after buying an additional 803 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Invesco Taxable Municipal Bond ETF during the 2nd quarter worth $333,000.

Invesco Taxable Municipal Bond ETF Stock Performance

BAB opened at $25.98 on Wednesday. The stock has a fifty day moving average of $26.59 and a 200-day moving average of $26.96. The company has a market capitalization of $1.24 billion, a P/E ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.61 and a fifty-two week high of $28.12.

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.