Oceanside Advisors LLC Grows Stock Holdings in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Oceanside Advisors LLC lifted its position in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 3.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,472 shares of the company’s stock after purchasing an additional 3,491 shares during the quarter. Invesco Taxable Municipal Bond ETF accounts for about 1.8% of Oceanside Advisors LLC’s holdings, making the stock its 15th largest holding. Oceanside Advisors LLC owned approximately 0.19% of Invesco Taxable Municipal Bond ETF worth $2,418,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of BAB. Kingsview Wealth Management LLC boosted its position in Invesco Taxable Municipal Bond ETF by 121.4% during the third quarter. Kingsview Wealth Management LLC now owns 469,941 shares of the company’s stock valued at $12,956,000 after buying an additional 257,701 shares during the period. Rational Advisors LLC grew its position in Invesco Taxable Municipal Bond ETF by 92.6% during the 3rd quarter. Rational Advisors LLC now owns 358,925 shares of the company’s stock worth $9,896,000 after acquiring an additional 172,561 shares during the last quarter. Onyx Bridge Wealth Group LLC increased its stake in Invesco Taxable Municipal Bond ETF by 176.4% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 182,539 shares of the company’s stock worth $5,033,000 after purchasing an additional 116,500 shares during the period. MML Investors Services LLC lifted its position in Invesco Taxable Municipal Bond ETF by 92.5% in the third quarter. MML Investors Services LLC now owns 220,894 shares of the company’s stock valued at $6,090,000 after purchasing an additional 106,123 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 83.9% during the third quarter. BNP Paribas Financial Markets now owns 104,835 shares of the company’s stock valued at $2,890,000 after purchasing an additional 47,829 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Performance

Shares of Invesco Taxable Municipal Bond ETF stock opened at $26.44 on Tuesday. The company’s 50 day moving average price is $26.37 and its 200-day moving average price is $26.89. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.61 and a 52-week high of $28.12. The stock has a market capitalization of $1.27 billion, a price-to-earnings 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.