Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. trimmed its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 1.5% in the second quarter, Holdings Channel.com reports. The fund owned 74,665 shares of the company’s stock after selling 1,103 shares during the period. Focus Financial Network Inc.’s holdings in Invesco BulletShares 2024 Municipal Bond ETF were worth $1,855,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. First Command Advisory Services Inc. purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 1st quarter worth approximately $55,000. Parallel Advisors LLC purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 4th quarter worth approximately $75,000. Advisory Services Network LLC purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 4th quarter worth approximately $187,000. Diversify Advisory Services LLC purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 2nd quarter worth approximately $200,000. Finally, CRA Financial Services LLC purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF during the 2nd quarter worth approximately $223,000.

Invesco BulletShares 2024 Municipal Bond ETF Price Performance

Shares of BSMO remained flat at $24.79 during mid-day trading on Wednesday. 7,705 shares of the stock were exchanged, compared to its average volume of 38,366. The stock’s 50-day simple moving average is $24.83 and its 200-day simple moving average is $24.80. Invesco BulletShares 2024 Municipal Bond ETF has a fifty-two week low of $24.54 and a fifty-two week high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 19th will be paid a $0.051 dividend. The ex-dividend date of this dividend is Monday, August 19th. This represents a $0.61 annualized dividend and a yield of 2.47%.

About Invesco BulletShares 2024 Municipal Bond ETF

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.