Elequin Capital LP Takes $1.80 Million Position in Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Elequin Capital LP purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 71,907 shares of the company’s stock, valued at approximately $1,796,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Invesco BulletShares 2032 Municipal Bond ETF by 9.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,455 shares of the company’s stock worth $452,000 after purchasing an additional 1,615 shares in the last quarter. Lido Advisors LLC lifted its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 183.9% in the second quarter. Lido Advisors LLC now owns 24,700 shares of the company’s stock valued at $605,000 after purchasing an additional 16,000 shares in the last quarter. VestGen Advisors LLC boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 12.5% in the second quarter. VestGen Advisors LLC now owns 31,549 shares of the company’s stock worth $771,000 after buying an additional 3,514 shares during the period. Raymond James Financial Inc. boosted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 22.8% in the second quarter. Raymond James Financial Inc. now owns 100,990 shares of the company’s stock worth $2,472,000 after buying an additional 18,751 shares during the period. Finally, Jane Street Group LLC grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 115.4% during the second quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock valued at $3,753,000 after buying an additional 82,134 shares in the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

NASDAQ:BSMW opened at $25.12 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 1-year low of $22.90 and a 1-year high of $25.57. The business’s fifty day moving average price is $25.36 and its 200 day moving average price is $25.16.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.0658 per share. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, February 23rd.

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.