Confluence Investment Management LLC Grows Stock Position in Invesco BulletShares 2026 Municipal Bond ETF $BSMQ

Confluence Investment Management LLC raised its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) by 55.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,801 shares of the company’s stock after acquiring an additional 58,535 shares during the quarter. Confluence Investment Management LLC owned approximately 1.28% of Invesco BulletShares 2026 Municipal Bond ETF worth $3,873,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Advisory Services Network LLC lifted its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 5.5% in the third quarter. Advisory Services Network LLC now owns 10,979 shares of the company’s stock valued at $259,000 after purchasing an additional 569 shares in the last quarter. Howard Wealth Management LLC grew its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 5.1% in the third quarter. Howard Wealth Management LLC now owns 15,435 shares of the company’s stock valued at $365,000 after purchasing an additional 750 shares during the last quarter. First Command Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 58,814 shares of the company’s stock worth $1,389,000 after purchasing an additional 900 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the 2nd quarter worth approximately $25,000. Finally, Farmers National Bank raised its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 1.9% during the 2nd quarter. Farmers National Bank now owns 63,128 shares of the company’s stock worth $1,487,000 after purchasing an additional 1,148 shares during the last quarter.

Invesco BulletShares 2026 Municipal Bond ETF Price Performance

BSMQ stock opened at $23.65 on Friday. The stock’s 50 day moving average price is $23.66 and its 200 day moving average price is $23.64. Invesco BulletShares 2026 Municipal Bond ETF has a 1 year low of $23.04 and a 1 year high of $23.75.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a $0.055 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. This is a positive change from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Monday, February 23rd.

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.