KG&L Capital Management LLC Raises Stock Position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

KG&L Capital Management LLC lifted its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 40.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,648 shares of the company’s stock after acquiring an additional 7,119 shares during the quarter. KG&L Capital Management LLC owned approximately 0.06% of Invesco Taxable Municipal Bond ETF worth $798,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of BAB. Carroll Financial Associates Inc. bought a new position in shares of Invesco Taxable Municipal Bond ETF during the third quarter valued at approximately $87,000. Bangor Savings Bank boosted its stake in Invesco Taxable Municipal Bond ETF by 0.5% in the third quarter. Bangor Savings Bank now owns 295,653 shares of the company’s stock valued at $9,579,000 after acquiring an additional 1,333 shares in the last quarter. Atria Investments LLC acquired a new stake in Invesco Taxable Municipal Bond ETF in the second quarter valued at approximately $1,315,000. Royal Bank of Canada boosted its stake in Invesco Taxable Municipal Bond ETF by 20.3% in the second quarter. Royal Bank of Canada now owns 911,780 shares of the company’s stock valued at $28,666,000 after acquiring an additional 153,788 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Invesco Taxable Municipal Bond ETF by 549.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 333,354 shares of the company’s stock valued at $10,481,000 after acquiring an additional 281,996 shares in the last quarter.

BAB traded down $0.25 during trading on Friday, hitting $32.05. The stock had a trading volume of 5,929 shares, compared to its average volume of 178,998. Invesco Taxable Municipal Bond ETF has a twelve month low of $28.53 and a twelve month high of $33.15. The stock has a 50 day simple moving average of $32.54 and a two-hundred day simple moving average of $31.43.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, September 24th were paid a $0.0968 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a yield of 3.8%.

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.

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Institutional Ownership by Quarter for Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

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