Confluence Investment Management LLC Purchases 25,376 Shares of Invesco BulletShares 2034 Municipal Bond ETF $BSMY

Confluence Investment Management LLC boosted its position in Invesco BulletShares 2034 Municipal Bond ETF (NASDAQ:BSMY) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 366,347 shares of the company’s stock after purchasing an additional 25,376 shares during the quarter. Confluence Investment Management LLC owned approximately 9.90% of Invesco BulletShares 2034 Municipal Bond ETF worth $9,005,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its holdings in shares of Invesco BulletShares 2034 Municipal Bond ETF by 44.4% during the 2nd quarter. Osaic Holdings Inc. now owns 2,340 shares of the company’s stock valued at $55,000 after buying an additional 720 shares in the last quarter. Key Financial Inc purchased a new position in Invesco BulletShares 2034 Municipal Bond ETF during the 3rd quarter valued at about $115,000. First Command Advisory Services Inc. boosted its stake in Invesco BulletShares 2034 Municipal Bond ETF by 30.1% during the third quarter. First Command Advisory Services Inc. now owns 5,116 shares of the company’s stock worth $124,000 after acquiring an additional 1,184 shares in the last quarter. ORG Partners LLC purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the third quarter worth about $141,000. Finally, United Capital Financial Advisors LLC purchased a new stake in Invesco BulletShares 2034 Municipal Bond ETF in the third quarter worth about $236,000.

Invesco BulletShares 2034 Municipal Bond ETF Trading Down 0.7%

BSMY stock opened at $24.28 on Friday. The firm has a 50 day moving average price of $24.76 and a 200-day moving average price of $24.60. Invesco BulletShares 2034 Municipal Bond ETF has a 52-week low of $22.61 and a 52-week high of $25.02.

Invesco BulletShares 2034 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.0704 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, February 23rd.

About Invesco BulletShares 2034 Municipal Bond ETF

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.