AXS Investments LLC Invests $1.22 Million in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

AXS Investments LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 46,000 shares of the company’s stock, valued at approximately $1,221,000. AXS Investments LLC owned approximately 0.08% of Invesco Taxable Municipal Bond ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of BAB. Cary Street Partners Investment Advisory LLC increased its stake in shares of Invesco Taxable Municipal Bond ETF by 4,785.0% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 977 shares of the company’s stock worth $26,000 after acquiring an additional 957 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Invesco Taxable Municipal Bond ETF during the second quarter worth about $27,000. Almanack Investment Partners LLC. acquired a new stake in Invesco Taxable Municipal Bond ETF during the third quarter worth about $30,000. FMR LLC raised its stake in Invesco Taxable Municipal Bond ETF by 878.9% during the second quarter. FMR LLC now owns 1,302 shares of the company’s stock worth $36,000 after purchasing an additional 1,169 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in Invesco Taxable Municipal Bond ETF in the 1st quarter valued at about $35,000.

Invesco Taxable Municipal Bond ETF Price Performance

BAB stock traded up $0.01 during midday trading on Friday, hitting $25.51. 227,217 shares of the company’s stock were exchanged, compared to its average volume of 328,042. Invesco Taxable Municipal Bond ETF has a 1-year low of $24.29 and a 1-year high of $27.36. The business has a 50-day simple moving average of $25.15 and a two-hundred day simple moving average of $25.93.

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.