Confluence Investment Management LLC Has $5.37 Million Stock Position in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Confluence Investment Management LLC reduced its stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 3.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 256,727 shares of the company’s stock after selling 8,802 shares during the quarter. Confluence Investment Management LLC owned approximately 7.13% of Invesco BulletShares 2031 Municipal Bond ETF worth $5,373,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in BSMV. Asset Dedication LLC boosted its position in Invesco BulletShares 2031 Municipal Bond ETF by 4.4% in the third quarter. Asset Dedication LLC now owns 12,995 shares of the company’s stock worth $277,000 after purchasing an additional 550 shares during the last quarter. Envision Financial Planning LLC grew its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 0.6% during the 3rd quarter. Envision Financial Planning LLC now owns 201,871 shares of the company’s stock valued at $4,301,000 after acquiring an additional 1,272 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 6.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 29,501 shares of the company’s stock worth $618,000 after purchasing an additional 1,870 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco BulletShares 2031 Municipal Bond ETF by 22.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock valued at $223,000 after purchasing an additional 1,982 shares during the last quarter. Finally, Addison Advisors LLC grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 13.4% during the third quarter. Addison Advisors LLC now owns 21,665 shares of the company’s stock valued at $462,000 after purchasing an additional 2,565 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of BSMV opened at $20.98 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 1 year low of $20.69 and a 1 year high of $21.73. The stock’s fifty day moving average price is $21.07 and its two-hundred day moving average price is $21.14.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.05 per share. The ex-dividend date was Monday, December 23rd.

Invesco BulletShares 2031 Municipal Bond ETF Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.