Apollon Wealth Management LLC Sells 26,847 Shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB)

Apollon Wealth Management LLC cut its stake in Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) by 73.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,602 shares of the company’s stock after selling 26,847 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco Taxable Municipal Bond ETF were worth $265,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BAB. Baker Avenue Asset Management LP lifted its position in Invesco Taxable Municipal Bond ETF by 7.5% during the 3rd quarter. Baker Avenue Asset Management LP now owns 89,058 shares of the company’s stock worth $2,455,000 after buying an additional 6,247 shares in the last quarter. Sigma Planning Corp increased its holdings in shares of Invesco Taxable Municipal Bond ETF by 76.4% in the third quarter. Sigma Planning Corp now owns 45,626 shares of the company’s stock valued at $1,258,000 after purchasing an additional 19,764 shares in the last quarter. Rational Advisors LLC lifted its holdings 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 buying an additional 172,561 shares in the last quarter. Donaldson Capital Management LLC lifted its holdings in Invesco Taxable Municipal Bond ETF by 18.5% during the 3rd quarter. Donaldson Capital Management LLC now owns 86,802 shares of the company’s stock worth $2,393,000 after buying an additional 13,576 shares in the last quarter. Finally, Glassy Mountain Advisors Inc. increased its stake in shares of Invesco Taxable Municipal Bond ETF by 5.8% in the 3rd quarter. Glassy Mountain Advisors Inc. now owns 26,551 shares of the company’s stock valued at $732,000 after buying an additional 1,458 shares during the period.

Invesco Taxable Municipal Bond ETF Stock Up 0.2 %

BAB stock opened at $26.53 on Tuesday. The business has a fifty day moving average of $27.19 and a 200-day moving average of $26.91. The company has a market cap of $1.27 billion, a P/E ratio of -199.62 and a beta of 0.22. Invesco Taxable Municipal Bond ETF has a twelve month low of $25.38 and a twelve month high of $28.12.

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.