Invesco BulletShares 2030 Municipal Bond ETF $BSMU Holdings Reduced by Confluence Investment Management LLC

Confluence Investment Management LLC lessened its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 2.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 241,752 shares of the company’s stock after selling 7,036 shares during the quarter. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $5,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.0% in the 4th quarter. Bank of America Corp DE now owns 207,276 shares of the company’s stock valued at $4,502,000 after acquiring an additional 11,770 shares during the period. Invesco Ltd. increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 12.2% during the first quarter. Invesco Ltd. now owns 157,636 shares of the company’s stock valued at $3,402,000 after purchasing an additional 17,146 shares during the period. Captrust Financial Advisors increased its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 3.1% during the fourth quarter. Captrust Financial Advisors now owns 23,184 shares of the company’s stock valued at $504,000 after purchasing an additional 692 shares during the period. Jane Street Group LLC raised its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 84.4% during the fourth quarter. Jane Street Group LLC now owns 91,802 shares of the company’s stock valued at $1,994,000 after purchasing an additional 42,005 shares in the last quarter. Finally, Stratos Wealth Advisors LLC acquired a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth about $841,000.

Invesco BulletShares 2030 Municipal Bond ETF Trading Up 0.0%

Shares of BSMU opened at $22.01 on Friday. The firm has a 50-day moving average price of $21.65 and a 200 day moving average price of $21.53. Invesco BulletShares 2030 Municipal Bond ETF has a 52-week low of $20.59 and a 52-week high of $22.25.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were paid a dividend of $0.0528 per share. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, August 18th.

About Invesco BulletShares 2030 Municipal Bond ETF

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.