Sterling Financial Group Inc. Grows Holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Sterling Financial Group Inc. raised its stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 1.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,940 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Sterling Financial Group Inc.’s holdings in Invesco BulletShares 2031 Municipal Bond ETF were worth $1,003,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Global Financial Private Client LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the fourth quarter worth approximately $129,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 22.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock worth $223,000 after acquiring an additional 1,982 shares during the last quarter. Avior Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter valued at $245,000. Hobbs Group Advisors LLC grew its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 64.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 11,888 shares of the company’s stock valued at $253,000 after purchasing an additional 4,655 shares during the last quarter. Finally, Asset Dedication LLC raised its position in Invesco BulletShares 2031 Municipal Bond ETF by 4.4% in the 3rd 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 period.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Invesco BulletShares 2031 Municipal Bond ETF stock opened at $20.80 on Friday. The firm has a fifty day simple moving average of $21.05 and a two-hundred day simple moving average of $21.13. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $20.69 and a twelve month high of $21.69.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued 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.