Precedent Wealth Partners LLC boosted its holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV – Free Report) by 12.7% during the third quarter, HoldingsChannel.com reports. The fund owned 243,388 shares of the company’s stock after purchasing an additional 27,358 shares during the period. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2031 Municipal Bond ETF were worth $4,841,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Anchor Investment Management LLC acquired a new position in Invesco BulletShares 2031 Municipal Bond ETF in the second quarter worth about $115,000. Ascentis Independent Advisors acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the first quarter valued at approximately $140,000. World Investment Advisors acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the first quarter valued at approximately $238,000. Global Financial Private Client LLC acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the first quarter valued at approximately $255,000. Finally, NewEdge Advisors LLC boosted its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 394.2% during the first quarter. NewEdge Advisors LLC now owns 12,850 shares of the company’s stock valued at $268,000 after purchasing an additional 10,250 shares in the last quarter.
Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.2%
BSMV stock opened at $20.22 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 1-year low of $19.67 and a 1-year high of $21.53. The business’s 50 day moving average is $20.33 and its 200-day moving average is $20.72.
Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be given a dividend of $0.0505 per share. This is a drop from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.0508. The ex-dividend date is Monday, October 19th. This represents a $0.61 annualized dividend and a dividend yield of 3.0%.
Invesco BulletShares 2031 Municipal Bond ETF Profile
The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.
Further Reading
- Five stocks we like better than Invesco BulletShares 2031 Municipal Bond ETF
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Want to see what other hedge funds are holding BSMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV – Free Report).
Receive News & Ratings for Invesco BulletShares 2031 Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2031 Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
