Capstone Capital LLC Lowers Stake in Invesco Taxable Municipal Bond ETF $BAB

Capstone Capital LLC lessened its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 92.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,009 shares of the company’s stock after selling 24,248 shares during the period. Invesco Taxable Municipal Bond ETF comprises 0.0% of Capstone Capital LLC’s portfolio, making the stock its 25th largest holding. Capstone Capital LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $55,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of BAB. NewEdge Advisors LLC grew its stake in Invesco Taxable Municipal Bond ETF by 7.8% in the 1st quarter. NewEdge Advisors LLC now owns 54,152 shares of the company’s stock worth $1,445,000 after acquiring an additional 3,934 shares during the period. Advisory Alpha LLC lifted its stake in shares of Invesco Taxable Municipal Bond ETF by 1.1% during the 1st quarter. Advisory Alpha LLC now owns 52,831 shares of the company’s stock worth $1,410,000 after purchasing an additional 563 shares during the period. Opal Wealth Advisors LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 116.6% during the second quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock worth $82,000 after purchasing an additional 1,665 shares during the last quarter. KG&L Capital Management LLC boosted its holdings in shares of Invesco Taxable Municipal Bond ETF by 2.9% during the second quarter. KG&L Capital Management LLC now owns 70,765 shares of the company’s stock worth $1,877,000 after purchasing an additional 1,984 shares during the last quarter. Finally, Oceanside Advisors LLC grew its position in shares of Invesco Taxable Municipal Bond ETF by 4.0% in the second quarter. Oceanside Advisors LLC now owns 107,036 shares of the company’s stock valued at $2,840,000 after purchasing an additional 4,131 shares during the period.

Invesco Taxable Municipal Bond ETF Trading Down 0.1%

Invesco Taxable Municipal Bond ETF stock opened at $27.17 on Monday. The stock has a fifty day moving average price of $27.32 and a 200 day moving average price of $27.00. Invesco Taxable Municipal Bond ETF has a 52 week low of $25.59 and a 52 week high of $27.69. The firm has a market capitalization of $1.02 billion, a P/E ratio of -202.23 and a beta of 0.32.

About Invesco Taxable Municipal Bond ETF

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. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.