Capstone Capital LLC boosted its position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Free Report) by 1,077.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,652 shares of the company’s stock after purchasing an additional 21,643 shares during the quarter. Invesco Taxable Municipal Bond ETF makes up 0.4% of Capstone Capital LLC’s portfolio, making the stock its 10th biggest holding. Capstone Capital LLC owned 0.06% of Invesco Taxable Municipal Bond ETF worth $643,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the second quarter valued at $42,000. Premier Financial Group purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the third quarter valued at $54,000. Clayton Financial Group LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the third quarter valued at $55,000. AE Wealth Management LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 1,726.2% in the third quarter. AE Wealth Management LLC now owns 2,575 shares of the company’s stock valued at $70,000 after acquiring an additional 2,434 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the fourth quarter valued at $105,000.
Invesco Taxable Municipal Bond ETF Stock Up 0.4%
Shares of NYSEARCA:BAB opened at $27.00 on Thursday. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.59 and a 52-week high of $27.73. The stock’s fifty day simple moving average is $27.19 and its 200-day simple moving average is $27.27. The company has a market capitalization of $1.03 billion, a P/E ratio of -202.23 and a beta of 0.33.
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. 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.
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