Confluence Investment Management LLC Sells 3,269 Shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Confluence Investment Management LLC cut its holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 1.1% during the second quarter, HoldingsChannel reports. The firm owned 282,488 shares of the company’s stock after selling 3,269 shares during the period. Confluence Investment Management LLC owned about 0.10% of Invesco BulletShares 2031 Municipal Bond ETF worth $5,921,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. First Command Advisory Services Inc. bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the first quarter worth about $45,000. Commonwealth Equity Services LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 9.9% in the first quarter. Commonwealth Equity Services LLC now owns 27,631 shares of the company’s stock worth $589,000 after purchasing an additional 2,496 shares during the period. Precedent Wealth Partners LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 29.4% in the first quarter. Precedent Wealth Partners LLC now owns 48,680 shares of the company’s stock worth $1,037,000 after purchasing an additional 11,056 shares during the period. Raymond James Financial Services Advisors Inc. bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the fourth quarter worth about $245,000. Finally, Key Financial Inc grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 18.3% during the fourth quarter. Key Financial Inc now owns 88,389 shares of the company’s stock worth $1,913,000 after buying an additional 13,689 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Stock Up 1.0 %

BSMV stock traded up $0.22 during trading on Friday, reaching $21.33. 68,595 shares of the stock were exchanged, compared to its average volume of 20,675. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $19.68 and a twelve month high of $21.73. The stock has a 50 day simple moving average of $21.05 and a 200-day simple moving average of $21.19.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.0556 per share. The ex-dividend date of this dividend was Monday, June 24th. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a $0.67 dividend on an annualized basis and a yield of 3.13%.

Invesco BulletShares 2031 Municipal Bond ETF Company 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.