Confluence Investment Management LLC Has $7.48 Million Stock Holdings in Invesco BulletShares 2034 Municipal Bond ETF $BSMY

Confluence Investment Management LLC trimmed its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) by 7.4% during the second quarter, HoldingsChannel reports. The fund owned 303,465 shares of the company’s stock after selling 24,244 shares during the quarter. Confluence Investment Management LLC owned about 0.06% of Invesco BulletShares 2034 Municipal Bond ETF worth $7,481,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. BCS Wealth Management bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the 4th quarter valued at $8,978,000. LPL Financial LLC grew its stake in Invesco BulletShares 2034 Municipal Bond ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 265,983 shares of the company’s stock valued at $6,538,000 after acquiring an additional 4,711 shares during the period. Raymond James Financial Inc. grew its position in Invesco BulletShares 2034 Municipal Bond ETF by 4.8% in the 3rd quarter. Raymond James Financial Inc. now owns 262,979 shares of the company’s stock valued at $6,398,000 after purchasing an additional 11,940 shares during the period. Atlantic Union Bankshares Corp acquired a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the fourth quarter valued at about $3,360,000. Finally, Bank of America Corp DE lifted its position in Invesco BulletShares 2034 Municipal Bond ETF by 97.1% in the 1st quarter. Bank of America Corp DE now owns 116,015 shares of the company’s stock valued at $2,814,000 after acquiring an additional 57,159 shares in the last quarter.

Invesco BulletShares 2034 Municipal Bond ETF Stock Performance

BSMY stock opened at $24.01 on Tuesday. The business has a 50-day simple moving average of $24.46 and a two-hundred day simple moving average of $24.55. Invesco BulletShares 2034 Municipal Bond ETF has a 52-week low of $23.55 and a 52-week high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a dividend of $0.0754 per share. This represents a c) annualized dividend and a yield of 3.8%. This is an increase from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, July 20th.

Invesco BulletShares 2034 Municipal Bond ETF Profile

The Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 2034. BSMY was launched on Sep 11, 2024 and is issued by Invesco.