Confluence Investment Management LLC Has $306,000 Stake in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW)

Confluence Investment Management LLC boosted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,184 shares of the company’s stock after acquiring an additional 416 shares during the period. Confluence Investment Management LLC owned 0.38% of Invesco BulletShares 2032 Municipal Bond ETF worth $306,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSMW. Asset Dedication LLC increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 30.0% in the second quarter. Asset Dedication LLC now owns 3,314 shares of the company’s stock worth $84,000 after purchasing an additional 765 shares during the period. Hobbs Group Advisors LLC increased its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 28.2% in the 3rd quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock valued at $199,000 after buying an additional 1,713 shares during the period. Avior Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at approximately $238,000. MONECO Advisors LLC bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 3rd quarter worth approximately $278,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 9.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 17,602 shares of the company’s stock worth $444,000 after acquiring an additional 1,569 shares in the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMW opened at $25.16 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 1 year low of $24.81 and a 1 year high of $26.13. The company’s 50 day simple moving average is $25.27 and its 200 day simple moving average is $25.39.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.069 per share. The ex-dividend date was Monday, December 23rd.

Invesco BulletShares 2032 Municipal Bond ETF 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.