Straight Path Wealth Management Invests $4.60 Million in Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Straight Path Wealth Management purchased a new position in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 183,072 shares of the company’s stock, valued at approximately $4,602,000. Invesco BulletShares 2032 Municipal Bond ETF comprises about 1.1% of Straight Path Wealth Management’s holdings, making the stock its 16th biggest position.

Several other institutional investors also recently added to or reduced their stakes in BSMW. Raymond James Financial Inc. increased its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 22.8% during 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 last quarter. Jane Street Group LLC boosted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 115.4% in the second quarter. Jane Street Group LLC now owns 153,291 shares of the company’s stock valued at $3,753,000 after acquiring an additional 82,134 shares during the last quarter. Bank of America Corp DE boosted its stake in Invesco BulletShares 2032 Municipal Bond ETF by 11.9% in the second quarter. Bank of America Corp DE now owns 137,312 shares of the company’s stock valued at $3,361,000 after acquiring an additional 14,571 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 23.1% during the 2nd quarter. Osaic Holdings Inc. now owns 26,119 shares of the company’s stock valued at $639,000 after acquiring an additional 4,909 shares during the period. Finally, Equitable Holdings Inc. grew its position in shares of Invesco BulletShares 2032 Municipal Bond ETF by 4.7% during the 3rd quarter. Equitable Holdings Inc. now owns 42,059 shares of the company’s stock valued at $1,050,000 after acquiring an additional 1,893 shares during the period.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

Shares of BSMW stock opened at $24.46 on Monday. The company has a 50 day moving average of $24.83 and a 200-day moving average of $25.00. Invesco BulletShares 2032 Municipal Bond ETF has a 12-month low of $24.42 and a 12-month high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were issued a dividend of $0.0735 per share. This represents a c) annualized dividend and a yield of 3.6%. This is a positive change from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 24th.

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.