248,144 Shares in Invesco BulletShares 2034 Municipal Bond ETF $BSMY Bought by Confluence Investment Management LLC

Confluence Investment Management LLC purchased a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 248,144 shares of the company’s stock, valued at approximately $5,638,000. Confluence Investment Management LLC owned about 4.14% of Invesco BulletShares 2034 Municipal Bond ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BSMY. Envestnet Asset Management Inc. increased its position in Invesco BulletShares 2034 Municipal Bond ETF by 8.7% during the second quarter. Envestnet Asset Management Inc. now owns 39,382 shares of the company’s stock worth $971,000 after acquiring an additional 3,139 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the second quarter worth approximately $50,000. NewEdge Advisors LLC bought a new position in shares of Invesco BulletShares 2034 Municipal Bond ETF during the second quarter worth approximately $323,000. IFP Advisors Inc raised its position in shares of Invesco BulletShares 2034 Municipal Bond ETF by 12.9% in the second quarter. IFP Advisors Inc now owns 3,950 shares of the company’s stock valued at $97,000 after buying an additional 450 shares in the last quarter. Finally, Wedmont Private Capital bought a new stake in shares of Invesco BulletShares 2034 Municipal Bond ETF in the second quarter valued at approximately $599,000.

Invesco BulletShares 2034 Municipal Bond ETF Trading Up 0.9%

NASDAQ:BSMY traded up $0.20 during trading hours on Thursday, reaching $22.92. 39,781 shares of the company were exchanged, compared to its average volume of 27,703. The business has a 50 day moving average of $23.71 and a 200 day moving average of $24.21. Invesco BulletShares 2034 Municipal Bond ETF has a 1-year low of $22.40 and a 1-year 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, September 25th. Investors of record on Monday, September 21st were given a $0.0741 dividend. The ex-dividend date was Monday, September 21st. This is an increase from Invesco BulletShares 2034 Municipal Bond ETF’s previous monthly dividend of $0.0736. This represents a $0.89 dividend on an annualized basis and a dividend yield of 3.9%.

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.