Invesco BulletShares 2032 Municipal Bond ETF $BSMW Stock Position Boosted by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC increased its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 15.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,572 shares of the company’s stock after purchasing an additional 26,411 shares during the period. Precedent Wealth Partners LLC owned approximately 2.10% of Invesco BulletShares 2032 Municipal Bond ETF worth $4,712,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Sequoia Financial Advisors LLC raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 2,056.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 537,829 shares of the company’s stock worth $13,521,000 after buying an additional 512,884 shares during the period. Bank of America Corp DE lifted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 46.2% in the first quarter. Bank of America Corp DE now owns 198,668 shares of the company’s stock valued at $4,938,000 after buying an additional 62,739 shares in the last quarter. Camelot Portfolios LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the second quarter valued at approximately $1,646,000. Baird Financial Group Inc. acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the second quarter valued at approximately $21,239,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in shares of Invesco BulletShares 2032 Municipal Bond ETF in the second quarter valued at approximately $3,854,000.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Shares of BSMW stock opened at $24.14 on Friday. The firm has a fifty day moving average of $24.15 and a 200-day moving average of $24.69. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $23.36 and a 12-month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be given a $0.0685 dividend. The ex-dividend date of this dividend is Monday, October 19th. This represents a $0.82 annualized dividend and a yield of 3.4%. This is an increase 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.