Donaldson Capital Management LLC Purchases 13,576 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Donaldson Capital Management LLC raised its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 18.5% during the 3rd quarter, Holdings Channel reports. The fund owned 86,802 shares of the company’s stock after acquiring an additional 13,576 shares during the period. Donaldson Capital Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $2,393,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of BAB. Peoples Bank KS raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 51.2% during the 2nd quarter. Peoples Bank KS now owns 1,920 shares of the company’s stock worth $51,000 after buying an additional 650 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the 2nd quarter valued at about $57,000. Wagner Wealth Management LLC grew its position in shares of Invesco Taxable Municipal Bond ETF by 5,708.3% during the 3rd quarter. Wagner Wealth Management LLC now owns 2,788 shares of the company’s stock worth $77,000 after buying an additional 2,740 shares during the period. Cullen Frost Bankers Inc. increased its stake in Invesco Taxable Municipal Bond ETF by 44.0% in the second quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock valued at $144,000 after purchasing an additional 1,673 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC increased its position in Invesco Taxable Municipal Bond ETF by 35.1% in the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 7,704 shares of the company’s stock valued at $203,000 after buying an additional 2,000 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Trading Down 0.6 %

BAB opened at $26.55 on Monday. Invesco Taxable Municipal Bond ETF has a 1-year low of $24.90 and a 1-year high of $28.12. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -199.62 and a beta of 0.22. The company’s fifty day moving average price is $27.36 and its two-hundred day moving average price is $26.85.

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.