Donaldson Capital Management LLC Purchases 5,997 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Donaldson Capital Management LLC raised its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 92,799 shares of the company’s stock after acquiring an additional 5,997 shares during the quarter. Donaldson Capital Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,427,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BAB. Raymond James Financial Inc. bought a new stake in Invesco Taxable Municipal Bond ETF during the 4th quarter valued at approximately $42,766,000. Kingsview Wealth Management LLC boosted its position in Invesco Taxable Municipal Bond ETF by 121.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock valued at $12,956,000 after acquiring an additional 257,701 shares in the last quarter. NewEdge Wealth LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF in the 4th quarter worth approximately $4,710,000. Rational Advisors LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 47.4% in the 4th quarter. Rational Advisors LLC now owns 528,974 shares of the company’s stock worth $13,833,000 after purchasing an additional 170,049 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF by 92.5% in the 3rd quarter. MML Investors Services LLC now owns 220,894 shares of the company’s stock worth $6,090,000 after purchasing an additional 106,123 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Up 0.3 %

Shares of BAB opened at $26.79 on Tuesday. The business’s 50 day moving average price is $26.38 and its 200-day moving average price is $26.81. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.61 and a 52 week high of $28.12. The stock has a market cap of $975.16 million, a P/E ratio of -206.77 and a beta of 0.31.

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.