Confluence Investment Management LLC Cuts Stake in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Confluence Investment Management LLC reduced its stake in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,224 shares of the company’s stock after selling 1,265 shares during the period. Confluence Investment Management LLC owned approximately 1.74% of Invesco BulletShares 2024 Municipal Bond ETF worth $3,505,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of BSMO. Jane Street Group LLC grew its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 646.8% in the first quarter. Jane Street Group LLC now owns 646,033 shares of the company’s stock worth $16,009,000 after acquiring an additional 559,521 shares during the last quarter. Leo Wealth LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the fourth quarter valued at $1,579,000. Focus Financial Network Inc. ADV purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the fourth quarter valued at $1,264,000. Hobbs Group Advisors LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the fourth quarter valued at $1,078,000. Finally, River Street Advisors LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the first quarter valued at $942,000.

Invesco BulletShares 2024 Municipal Bond ETF Trading Up 0.2 %

Shares of Invesco BulletShares 2024 Municipal Bond ETF stock traded up $0.06 during trading on Friday, hitting $24.87. 25,557 shares of the company’s stock traded hands, compared to its average volume of 38,621. Invesco BulletShares 2024 Municipal Bond ETF has a 1 year low of $24.54 and a 1 year high of $24.98. The business has a 50-day simple moving average of $24.81 and a 200-day simple moving average of $24.80.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a dividend of $0.053 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.56%.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.