Jacobi Capital Management LLC Cuts Holdings in Invesco BulletShares 2026 Municipal Bond ETF $BSMQ

Jacobi Capital Management LLC trimmed its holdings in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) by 12.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 9,776 shares of the company’s stock after selling 1,332 shares during the quarter. Jacobi Capital Management LLC owned 0.09% of Invesco BulletShares 2026 Municipal Bond ETF worth $231,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in Invesco BulletShares 2026 Municipal Bond ETF by 27.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 26,471 shares of the company’s stock valued at $625,000 after purchasing an additional 5,770 shares during the period. Bank of America Corp DE lifted its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 6.2% in the 4th quarter. Bank of America Corp DE now owns 237,359 shares of the company’s stock worth $5,595,000 after purchasing an additional 13,843 shares during the period. Cetera Investment Advisers bought a new stake in Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter worth approximately $236,000. Farther Finance Advisors LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $38,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $4,910,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

Shares of BSMQ opened at $23.69 on Friday. The company’s fifty day moving average is $23.55 and its 200 day moving average is $23.52. Invesco BulletShares 2026 Municipal Bond ETF has a fifty-two week low of $23.04 and a fifty-two week high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 22nd. Shareholders of record on Monday, August 18th were paid a dividend of $0.0564 per share. The ex-dividend date of this dividend was Monday, August 18th. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 2.9%.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.