12,440 Shares in Invesco Taxable Municipal Bond ETF $BAB Bought by Traub Capital Management LLC

Traub Capital Management LLC acquired a new stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the second quarter, HoldingsChannel reports. The institutional investor acquired 12,440 shares of the company’s stock, valued at approximately $330,000.

Other large investors also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its stake in Invesco Taxable Municipal Bond ETF by 2.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 29,641 shares of the company’s stock valued at $786,000 after purchasing an additional 644 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 1.8% during the 1st quarter. Cerity Partners LLC now owns 30,622 shares of the company’s stock valued at $817,000 after buying an additional 546 shares during the last quarter. Maltin Wealth Management Inc. grew its position in shares of Invesco Taxable Municipal Bond ETF by 10.2% during the second quarter. Maltin Wealth Management Inc. now owns 259,337 shares of the company’s stock worth $6,880,000 after buying an additional 23,898 shares in the last quarter. Harbour Investments Inc. grew its position in shares of Invesco Taxable Municipal Bond ETF by 25.7% during the second quarter. Harbour Investments Inc. now owns 5,824 shares of the company’s stock worth $155,000 after buying an additional 1,189 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Invesco Taxable Municipal Bond ETF by 8.1% in the second quarter. Cullen Frost Bankers Inc. now owns 17,071 shares of the company’s stock worth $453,000 after buying an additional 1,274 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $27.44 on Wednesday. Invesco Taxable Municipal Bond ETF has a 1 year low of $25.59 and a 1 year high of $27.69. The firm’s 50-day simple moving average is $27.36 and its 200-day simple moving average is $26.73. The firm has a market cap of $1.01 billion, a PE ratio of -202.23 and a beta of 0.32.

Invesco Taxable Municipal Bond ETF 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.