Elequin Capital LP Has $1.46 Million Stake in Invesco BulletShares 2034 Municipal Bond ETF $BSMY

Elequin Capital LP lowered its holdings in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) by 46.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,193 shares of the company’s stock after selling 53,167 shares during the period. Elequin Capital LP owned approximately 1.94% of Invesco BulletShares 2034 Municipal Bond ETF worth $1,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Osaic Holdings Inc. boosted its stake in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% in the second quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after buying an additional 720 shares during the period. First Command Advisory Services Inc. increased its stake in Invesco BulletShares 2034 Municipal Bond ETF by 30.1% during the 3rd quarter. First Command Advisory Services Inc. now owns 5,116 shares of the company’s stock worth $124,000 after acquiring an additional 1,184 shares during the period. Addison Advisors LLC raised its holdings in Invesco BulletShares 2034 Municipal Bond ETF by 20.9% in the 3rd quarter. Addison Advisors LLC now owns 20,997 shares of the company’s stock valued at $511,000 after acquiring an additional 3,630 shares in the last quarter. Key Financial Inc bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF during the 3rd quarter valued at $115,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 25.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 23,780 shares of the company’s stock valued at $579,000 after acquiring an additional 4,842 shares during the period.

Invesco BulletShares 2034 Municipal Bond ETF Price Performance

BSMY opened at $24.51 on Friday. Invesco BulletShares 2034 Municipal Bond ETF has a 52-week low of $22.61 and a 52-week high of $25.02. The business’s fifty day moving average is $24.79 and its 200-day moving average is $24.58.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.0704 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a yield of 3.4%.

Invesco BulletShares 2034 Municipal Bond ETF Company Profile

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.