Invesco BulletShares 2032 Municipal Bond ETF $BSMW Stock Position Lowered by NorthAvenue LLC

NorthAvenue LLC decreased its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 99.3% during the third quarter, HoldingsChannel.com reports. The firm owned 1,711 shares of the company’s stock after selling 243,348 shares during the period. NorthAvenue LLC’s holdings in Invesco BulletShares 2032 Municipal Bond ETF were worth $40,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Horizons Wealth Management bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the third quarter valued at about $44,000. Fifth Third Bancorp bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at $72,000. Ascentis Independent Advisors bought a new position in Invesco BulletShares 2032 Municipal Bond ETF in the 1st quarter valued at $140,000. Independent Financial Group LLC bought a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the first quarter worth $224,000. Finally, Kinetic Wealth Investment Advisors LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the second quarter worth $258,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMW opened at $24.35 on Wednesday. The stock’s 50-day simple moving average is $24.08 and its two-hundred day simple moving average is $24.82. Invesco BulletShares 2032 Municipal Bond ETF has a twelve month low of $23.36 and a twelve month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were paid a $0.0685 dividend. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.0672. This represents a $0.82 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, October 19th.

About Invesco BulletShares 2032 Municipal Bond ETF

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.