Envestnet Asset Management Inc. Raises Stake in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW)

Envestnet Asset Management Inc. raised its position in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 12.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 50,375 shares of the company’s stock after acquiring an additional 5,437 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco BulletShares 2032 Municipal Bond ETF were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 1.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 22,906 shares of the company’s stock valued at $575,000 after buying an additional 403 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 40.4% during the fourth quarter. LPL Financial LLC now owns 304,183 shares of the company’s stock valued at $7,632,000 after buying an additional 87,455 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 4th quarter worth $1,937,000. Envision Financial Planning LLC raised its position in Invesco BulletShares 2032 Municipal Bond ETF by 2.0% in the 4th quarter. Envision Financial Planning LLC now owns 167,494 shares of the company’s stock worth $4,202,000 after buying an additional 3,317 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in Invesco BulletShares 2032 Municipal Bond ETF by 181.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 37,053 shares of the company’s stock valued at $930,000 after purchasing an additional 23,897 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMW opened at $24.41 on Friday. The stock’s 50-day simple moving average is $24.37 and its two-hundred day simple moving average is $24.59. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $22.90 and a 52-week high of $26.21.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 25th. Investors of record on Monday, July 21st were given a dividend of $0.0693 per share. The ex-dividend date was Monday, July 21st. This represents a c) annualized dividend and a dividend yield of 3.4%.

Invesco BulletShares 2032 Municipal Bond ETF Company 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.