Freedom Investment Management Inc. Sells 12,073 Shares of Invesco Taxable Municipal Bond ETF $BAB

Freedom Investment Management Inc. lowered its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 6.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 171,698 shares of the company’s stock after selling 12,073 shares during the period. Freedom Investment Management Inc.’s holdings in Invesco Taxable Municipal Bond ETF were worth $4,555,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of BAB. Janney Montgomery Scott LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF in the first quarter valued at approximately $774,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco Taxable Municipal Bond ETF by 6.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 57,602 shares of the company’s stock valued at $1,537,000 after acquiring an additional 3,336 shares during the last quarter. White Pine Investment CO raised its stake in shares of Invesco Taxable Municipal Bond ETF by 8.1% in the first quarter. White Pine Investment CO now owns 120,964 shares of the company’s stock valued at $3,227,000 after acquiring an additional 9,063 shares during the last quarter. KG&L Capital Management LLC raised its stake in shares of Invesco Taxable Municipal Bond ETF by 2.7% in the first quarter. KG&L Capital Management LLC now owns 68,781 shares of the company’s stock valued at $1,835,000 after acquiring an additional 1,834 shares during the last quarter. Finally, Money Concepts Capital Corp raised its stake in shares of Invesco Taxable Municipal Bond ETF by 2.9% in the first quarter. Money Concepts Capital Corp now owns 116,026 shares of the company’s stock valued at $3,096,000 after acquiring an additional 3,305 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Up 0.0%

NYSEARCA:BAB opened at $27.68 on Thursday. Invesco Taxable Municipal Bond ETF has a 1 year low of $25.59 and a 1 year high of $27.69. The firm has a 50 day moving average of $27.12 and a 200-day moving average of $26.56. The stock has a market capitalization of $950.81 million, a P/E ratio of -202.23 and a beta of 0.18.

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.