Truist Financial Corp Reduces Stock Position in Invesco BulletShares 2026 Municipal Bond ETF $BSMQ

Truist Financial Corp lowered its position in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 298,961 shares of the company’s stock after selling 3,193 shares during the period. Truist Financial Corp owned approximately 2.43% of Invesco BulletShares 2026 Municipal Bond ETF worth $7,044,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its position in Invesco BulletShares 2026 Municipal Bond ETF by 17.6% during the first quarter. LPL Financial LLC now owns 423,036 shares of the company’s stock valued at $9,988,000 after purchasing an additional 63,309 shares during the period. Invesco Ltd. grew its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 15.2% during the 1st quarter. Invesco Ltd. now owns 283,951 shares of the company’s stock worth $6,704,000 after purchasing an additional 37,518 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 2,719.4% during the 1st quarter. Jones Financial Companies Lllp now owns 243,370 shares of the company’s stock valued at $5,739,000 after purchasing an additional 234,738 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 6.0% in the first quarter. Envestnet Asset Management Inc. now owns 211,450 shares of the company’s stock valued at $4,992,000 after buying an additional 12,048 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF in the 1st quarter valued at about $4,910,000.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

Shares of BSMQ opened at $23.63 on Tuesday. The stock’s 50 day moving average is $23.58 and its two-hundred day moving average is $23.51. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $23.04 and a 12 month high of $23.85.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were given a $0.0531 dividend. The ex-dividend date was Monday, September 22nd. This represents a c) annualized dividend and a dividend yield of 2.7%.

Invesco BulletShares 2026 Municipal Bond ETF 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.