Confluence Investment Management LLC Sells 72,166 Shares of Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Confluence Investment Management LLC reduced its position in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 58.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 52,186 shares of the company’s stock after selling 72,166 shares during the period. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2032 Municipal Bond ETF were worth $1,303,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Command Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 23.9% during the second quarter. First Command Advisory Services Inc. now owns 5,235 shares of the company’s stock valued at $128,000 after buying an additional 1,009 shares during the period. Cambridge Financial Group LLC purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the third quarter worth about $243,000. Bill Few Associates Inc. grew its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 20.3% during the 2nd quarter. Bill Few Associates Inc. now owns 14,220 shares of the company’s stock worth $348,000 after acquiring an additional 2,395 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 172.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 16,840 shares of the company’s stock valued at $414,000 after purchasing an additional 10,661 shares during the period. Finally, Koss Olinger Consulting LLC bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at about $535,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Down 0.3%

Shares of BSMW opened at $25.02 on Wednesday. The company has a 50 day moving average price of $25.16 and a 200-day moving average price of $24.79. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $22.90 and a fifty-two week high of $26.21.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, December 26th. Shareholders of record on Monday, December 22nd will be given a dividend of $0.0633 per share. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, December 22nd.

Invesco BulletShares 2032 Municipal Bond ETF Profile

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.