Merriman Wealth Management LLC Buys Shares of 221,479 Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Merriman Wealth Management LLC bought 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 filing with the SEC. The fund bought 221,479 shares of the company’s stock, valued at approximately $5,843,000. Merriman Wealth Management LLC owned about 0.46% of Invesco Taxable Municipal Bond ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sollinda Capital Management LLC bought a new stake in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter valued at $475,000. Kingfisher Capital LLC grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 3.3% in the 4th quarter. Kingfisher Capital LLC now owns 23,612 shares of the company’s stock valued at $635,000 after buying an additional 762 shares during the period. American National Bank & Trust Co. VA acquired a new position in shares of Invesco Taxable Municipal Bond ETF in the 1st quarter valued at $442,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 8.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,115 shares of the company’s stock valued at $1,915,000 after buying an additional 5,845 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 16.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,163,131 shares of the company’s stock valued at $30,683,000 after buying an additional 166,712 shares during the period.

Invesco Taxable Municipal Bond ETF Trading Up 0.0 %

Shares of NYSEARCA BAB opened at $27.81 on Friday. The firm has a market cap of $1.33 billion, a PE ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a 1-year low of $24.29 and a 1-year high of $28.12. The company has a fifty day moving average price of $27.33 and a 200 day moving average price of $26.69.

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.