Raymond James Financial Inc. Makes New $3.61 Million Investment in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ)

Raymond James Financial Inc. acquired a new stake in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 153,243 shares of the company’s stock, valued at approximately $3,612,000. Raymond James Financial Inc. owned approximately 1.46% of Invesco BulletShares 2026 Municipal Bond ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Principal Securities Inc. increased its stake in Invesco BulletShares 2026 Municipal Bond ETF by 1,316.1% during the 4th quarter. Principal Securities Inc. now owns 3,965 shares of the company’s stock worth $93,000 after buying an additional 3,685 shares during the period. Crews Bank & Trust acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter valued at about $200,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the fourth quarter worth about $201,000. Jones Financial Companies Lllp lifted its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 43.8% in the fourth quarter. Jones Financial Companies Lllp now owns 8,632 shares of the company’s stock worth $203,000 after acquiring an additional 2,629 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in Invesco BulletShares 2026 Municipal Bond ETF in the fourth quarter valued at about $213,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

BSMQ stock opened at $23.55 on Friday. The stock’s 50 day moving average is $23.67 and its two-hundred day moving average is $23.65. Invesco BulletShares 2026 Municipal Bond ETF has a 52-week low of $23.36 and a 52-week high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.0534 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2026 Municipal Bond ETF Profile

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.