Kingfisher Capital LLC Lowers Stock Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Kingfisher Capital LLC cut its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,286 shares of the company’s stock after selling 1,449 shares during the quarter. Kingfisher Capital LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $614,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its position in Invesco Taxable Municipal Bond ETF by 1.6% in the second quarter. Bank of New York Mellon Corp now owns 1,602,854 shares of the company’s stock valued at $42,283,000 after acquiring an additional 25,979 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Invesco Taxable Municipal Bond ETF by 16.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock worth $30,683,000 after acquiring an additional 166,712 shares during the period. Bank of Montreal Can boosted its position in Invesco Taxable Municipal Bond ETF by 1.6% during the 2nd quarter. Bank of Montreal Can now owns 534,725 shares of the company’s stock valued at $14,277,000 after purchasing an additional 8,260 shares during the period. Bangor Savings Bank increased its stake in shares of Invesco Taxable Municipal Bond ETF by 2.6% in the third quarter. Bangor Savings Bank now owns 490,126 shares of the company’s stock valued at $13,513,000 after purchasing an additional 12,600 shares during the period. Finally, Kingsview Wealth Management LLC raised its holdings in Invesco Taxable Municipal Bond ETF by 121.4% during the third quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock worth $12,956,000 after purchasing an additional 257,701 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of NYSEARCA:BAB opened at $26.90 on Friday. The firm has a 50 day simple moving average of $26.97 and a 200 day simple moving average of $26.93. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.61 and a 52 week high of $28.12. The company has a market cap of $1.29 billion, a PE ratio of -199.62 and a beta of 0.22.

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.