Truist Financial Corp Sells 15,345 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Truist Financial Corp trimmed its holdings in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BABGet Rating) by 6.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,292 shares of the company’s stock after selling 15,345 shares during the period. Truist Financial Corp owned about 0.40% of Invesco Taxable Municipal Bond ETF worth $6,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Raymond James & Associates grew its holdings in Invesco Taxable Municipal Bond ETF by 7.7% during the 3rd quarter. Raymond James & Associates now owns 889,048 shares of the company’s stock worth $22,804,000 after acquiring an additional 63,527 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF by 31.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 588,015 shares of the company’s stock valued at $15,083,000 after buying an additional 139,032 shares during the last quarter. KG&L Capital Management LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 19.7% during the third quarter. KG&L Capital Management LLC now owns 54,883 shares of the company’s stock valued at $1,408,000 after buying an additional 9,021 shares during the last quarter. United Asset Strategies Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF by 1.2% during the third quarter. United Asset Strategies Inc. now owns 58,016 shares of the company’s stock valued at $1,488,000 after buying an additional 708 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in shares of Invesco Taxable Municipal Bond ETF by 5.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 92,983 shares of the company’s stock valued at $2,384,000 after buying an additional 4,684 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Price Performance

BAB stock opened at $26.61 on Thursday. The firm has a 50-day simple moving average of $25.91 and a two-hundred day simple moving average of $26.49. Invesco Taxable Municipal Bond ETF has a one year low of $24.39 and a one year high of $32.54.

Invesco Taxable Municipal Bond ETF Profile

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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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