HighTower Advisors LLC Acquires 150,658 Shares of Invesco BulletShares 2031 Municipal Bond ETF $BSMV

HighTower Advisors LLC boosted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 215.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 220,511 shares of the company’s stock after buying an additional 150,658 shares during the period. HighTower Advisors LLC owned approximately 2.79% of Invesco BulletShares 2031 Municipal Bond ETF worth $4,660,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BSMV. Hills Bank & Trust Co boosted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 242.5% during the fourth quarter. Hills Bank & Trust Co now owns 441,580 shares of the company’s stock valued at $9,333,000 after buying an additional 312,658 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 527.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 317,976 shares of the company’s stock valued at $6,720,000 after purchasing an additional 267,318 shares in the last quarter. Lido Advisors LLC raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 104.5% during the third quarter. Lido Advisors LLC now owns 176,900 shares of the company’s stock valued at $3,717,000 after purchasing an additional 90,400 shares in the last quarter. Jane Street Group LLC raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 139.1% during the second quarter. Jane Street Group LLC now owns 92,818 shares of the company’s stock valued at $1,914,000 after purchasing an additional 53,994 shares in the last quarter. Finally, UBS Group AG raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 28.7% during the fourth quarter. UBS Group AG now owns 184,341 shares of the company’s stock valued at $3,896,000 after purchasing an additional 41,119 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

NASDAQ BSMV opened at $20.94 on Friday. The stock’s 50-day simple moving average is $20.96 and its two-hundred day simple moving average is $21.13. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $20.35 and a twelve month high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a dividend of $0.0529 per share. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a yield of 3.0%.

About Invesco BulletShares 2031 Municipal Bond ETF

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.