Invesco BulletShares 2032 Municipal Bond ETF $BSMW Stock Sold by Addison Advisors LLC

Addison Advisors LLC reduced its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 91.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 13,158 shares of the company’s stock after selling 138,946 shares during the quarter. Addison Advisors LLC’s holdings in Invesco BulletShares 2032 Municipal Bond ETF were worth $311,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in BSMW. Envestnet Asset Management Inc. increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 874.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,141,290 shares of the company’s stock worth $28,692,000 after acquiring an additional 1,024,114 shares during the last quarter. Baird Financial Group Inc. bought a new position in Invesco BulletShares 2032 Municipal Bond ETF during the second quarter worth $21,239,000. Gill Capital Partners LLC boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 60,816.7% during the second quarter. Gill Capital Partners LLC now owns 572,617 shares of the company’s stock worth $14,396,000 after purchasing an additional 571,677 shares during the period. Sequoia Financial Advisors LLC boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 2,056.1% during the second quarter. Sequoia Financial Advisors LLC now owns 537,829 shares of the company’s stock worth $13,521,000 after purchasing an additional 512,884 shares during the period. Finally, Lido Advisors LLC increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 25.8% in the third quarter. Lido Advisors LLC now owns 1,128,307 shares of the company’s stock valued at $26,638,000 after purchasing an additional 231,320 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Trading Down 0.1%

NASDAQ:BSMW opened at $24.37 on Friday. The firm’s fifty day moving average price is $24.07 and its two-hundred day moving average price is $24.79. Invesco BulletShares 2032 Municipal Bond ETF has a one year low of $23.36 and a one year high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

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

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.