Cornerstone Wealth Management LLC Sells 3,024 Shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Cornerstone Wealth Management LLC cut its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 7.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,101 shares of the company’s stock after selling 3,024 shares during the period. Cornerstone Wealth Management LLC owned 0.44% of Invesco BulletShares 2024 Municipal Bond ETF worth $895,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. River Street Advisors LLC bought a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the first quarter valued at about $942,000. OneAscent Financial Services LLC increased its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 4.6% during the first quarter. OneAscent Financial Services LLC now owns 266,189 shares of the company’s stock valued at $6,596,000 after buying an additional 11,682 shares during the period. Atlantic Union Bankshares Corp increased its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 6.0% during the first quarter. Atlantic Union Bankshares Corp now owns 64,297 shares of the company’s stock valued at $1,593,000 after buying an additional 3,612 shares during the period. BCS Wealth Management increased its position in shares of Invesco BulletShares 2024 Municipal Bond ETF by 11.7% during the first quarter. BCS Wealth Management now owns 9,644 shares of the company’s stock valued at $239,000 after buying an additional 1,009 shares during the period. Finally, Confluence Investment Management LLC bought a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF in the first quarter worth approximately $3,531,000.

Invesco BulletShares 2024 Municipal Bond ETF Stock Up 0.1 %

Shares of BSMO stock traded up $0.02 during trading on Thursday, hitting $24.80. The company had a trading volume of 10,398 shares, compared to its average volume of 39,465. The stock’s 50-day moving average is $24.81 and its two-hundred day moving average is $24.81. Invesco BulletShares 2024 Municipal Bond ETF has a 52 week low of $24.54 and a 52 week high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.0543 dividend. This represents a $0.65 annualized dividend and a dividend yield of 2.63%. The ex-dividend date was Monday, June 24th.

Invesco BulletShares 2024 Municipal Bond ETF Profile

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.