Sequoia Financial Advisors LLC Increases Position in Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Sequoia Financial Advisors LLC grew its position in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 2,056.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 537,829 shares of the company’s stock after purchasing an additional 512,884 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.06% of Invesco BulletShares 2032 Municipal Bond ETF worth $13,521,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BSMW. Baird Financial Group Inc. purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth $21,239,000. Gill Capital Partners LLC lifted its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 60,816.7% during the 2nd quarter. Gill Capital Partners LLC now owns 572,617 shares of the company’s stock worth $14,396,000 after buying an additional 571,677 shares during the last quarter. Straight Path Wealth Management purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth about $4,602,000. RPg Family Wealth Advisory LLC purchased a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at about $3,854,000. Finally, Invesco Ltd. lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 128.6% during the fourth quarter. Invesco Ltd. now owns 172,080 shares of the company’s stock worth $4,321,000 after purchasing an additional 96,820 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

BSMW stock opened at $24.14 on Friday. The business has a 50 day moving average price of $24.76 and a 200 day moving average price of $24.96. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $24.10 and a fifty-two week high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a dividend of $0.0735 per share. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 3.7%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2032 Municipal Bond ETF Company 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.