36,270 Shares in Invesco BulletShares 2031 Municipal Bond ETF $BSMV Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 36,270 shares of the company’s stock, valued at approximately $767,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Benjamin Edwards Inc. acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the fourth quarter worth about $557,000. UBS Group AG boosted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 28.7% in the fourth quarter. UBS Group AG now owns 184,341 shares of the company’s stock worth $3,896,000 after buying an additional 41,119 shares during the period. Clark Asset Management LLC grew its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 1.7% during the fourth quarter. Clark Asset Management LLC now owns 67,587 shares of the company’s stock valued at $1,428,000 after buying an additional 1,106 shares in the last quarter. Asset Dedication LLC raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 6.3% during the fourth quarter. Asset Dedication LLC now owns 49,093 shares of the company’s stock valued at $1,038,000 after buying an additional 2,914 shares during the period. Finally, Central Valley Advisors LLC raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 1.7% during the fourth quarter. Central Valley Advisors LLC now owns 191,219 shares of the company’s stock valued at $4,041,000 after buying an additional 3,159 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMV opened at $20.97 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a one year low of $20.31 and a one year high of $21.53. The business has a 50-day moving average price of $21.03 and a two-hundred day moving average price of $21.15.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were given a $0.0512 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. This is a positive change from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, April 20th.

Invesco BulletShares 2031 Municipal Bond ETF 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.