Confluence Investment Management LLC Sells 113,887 Shares of Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Confluence Investment Management LLC lowered its position in Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 47.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,865 shares of the company’s stock after selling 113,887 shares during the period. Confluence Investment Management LLC owned about 1.52% of Invesco BulletShares 2030 Municipal Bond ETF worth $2,803,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Bank of America Corp DE grew its position in Invesco BulletShares 2030 Municipal Bond ETF by 6.6% in the 2nd quarter. Bank of America Corp DE now owns 231,368 shares of the company’s stock worth $4,974,000 after purchasing an additional 14,244 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the 1st quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock worth $4,646,000 after buying an additional 123,496 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 8.7% in the first quarter. Raymond James Financial Inc. now owns 187,085 shares of the company’s stock valued at $4,037,000 after acquiring an additional 14,970 shares in the last quarter. Envision Financial Planning LLC grew its holdings in shares of Invesco BulletShares 2030 Municipal Bond ETF by 0.7% in the first quarter. Envision Financial Planning LLC now owns 180,857 shares of the company’s stock valued at $3,903,000 after acquiring an additional 1,337 shares in the last quarter. Finally, Central Valley Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the third quarter valued at approximately $3,948,000.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2030 Municipal Bond ETF stock opened at $22.00 on Wednesday. The business’s fifty day simple moving average is $22.01 and its 200 day simple moving average is $21.80. Invesco BulletShares 2030 Municipal Bond ETF has a 12 month low of $20.59 and a 12 month high of $22.12.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be issued a $0.0489 dividend. This is an increase from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%.

Invesco BulletShares 2030 Municipal Bond ETF Profile

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.