Waterloo Capital L.P. Has $385,000 Stock Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Waterloo Capital L.P. reduced its stake in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 2.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,590 shares of the company’s stock after selling 430 shares during the quarter. Waterloo Capital L.P.’s holdings in Invesco Taxable Municipal Bond ETF were worth $385,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Renaissance Technologies LLC bought a new position in Invesco Taxable Municipal Bond ETF in the second quarter valued at approximately $1,818,000. Wrapmanager Inc. increased its stake in shares of Invesco Taxable Municipal Bond ETF by 10.7% in the 2nd quarter. Wrapmanager Inc. now owns 62,549 shares of the company’s stock valued at $1,650,000 after purchasing an additional 6,058 shares during the last quarter. MGO One Seven LLC increased its stake in shares of Invesco Taxable Municipal Bond ETF by 2.4% in the 2nd quarter. MGO One Seven LLC now owns 32,940 shares of the company’s stock valued at $869,000 after purchasing an additional 765 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Invesco Taxable Municipal Bond ETF by 44.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock worth $144,000 after buying an additional 1,673 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its position in shares of Invesco Taxable Municipal Bond ETF by 5.6% during the 2nd quarter. Tortoise Investment Management LLC now owns 236,750 shares of the company’s stock worth $6,245,000 after buying an additional 12,611 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.2 %

NYSEARCA:BAB opened at $27.80 on Friday. Invesco Taxable Municipal Bond ETF has a twelve month low of $24.29 and a twelve month high of $28.12. The stock’s 50-day simple moving average is $27.31 and its 200 day simple moving average is $26.68. The firm has a market capitalization of $1.33 billion, a PE ratio of -199.62 and a beta of 0.22.

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.