Hoxton Planning & Management LLC Sells 2,881 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Hoxton Planning & Management LLC lessened its holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 11.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,732 shares of the company’s stock after selling 2,881 shares during the period. Hoxton Planning & Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $627,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vima LLC bought a new position in Invesco Taxable Municipal Bond ETF in the fourth quarter valued at about $52,000. Peoples Bank KS grew its position in Invesco Taxable Municipal Bond ETF by 51.2% in the second quarter. Peoples Bank KS now owns 1,920 shares of the company’s stock valued at $51,000 after acquiring an additional 650 shares during the last quarter. International Assets Investment Management LLC bought a new position in Invesco Taxable Municipal Bond ETF in the second quarter valued at about $57,000. Palisade Asset Management LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the first quarter worth about $143,000. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 44.0% during the second quarter. Cullen Frost Bankers Inc. now owns 5,474 shares of the company’s stock worth $144,000 after purchasing an additional 1,673 shares during the last quarter.

Invesco Taxable Municipal Bond ETF Trading Down 0.6 %

NYSEARCA:BAB opened at $27.10 on Wednesday. The stock has a market cap of $1.30 billion, a P/E ratio of -199.62 and a beta of 0.22. The stock’s 50-day moving average is $27.51 and its 200-day moving average is $26.76. Invesco Taxable Municipal Bond ETF has a 1-year low of $24.29 and a 1-year high of $28.12.

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.