Confluence Investment Management LLC Sells 1,258 Shares of Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ)

Confluence Investment Management LLC cut its stake in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) by 0.5% during the second quarter, HoldingsChannel reports. The firm owned 233,838 shares of the company’s stock after selling 1,258 shares during the period. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2026 Municipal Bond ETF were worth $5,494,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BSMQ. Raymond James & Associates grew its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF by 13.6% in the fourth quarter. Raymond James & Associates now owns 137,295 shares of the company’s stock worth $3,261,000 after purchasing an additional 16,415 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 21.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 15,524 shares of the company’s stock worth $369,000 after acquiring an additional 2,705 shares in the last quarter. Key Financial Inc grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 18.1% during the 4th quarter. Key Financial Inc now owns 69,113 shares of the company’s stock worth $1,642,000 after acquiring an additional 10,600 shares in the last quarter. Masso Torrence Wealth Management Inc. grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 3.6% during the 4th quarter. Masso Torrence Wealth Management Inc. now owns 12,378 shares of the company’s stock worth $294,000 after acquiring an additional 425 shares in the last quarter. Finally, MONECO Advisors LLC bought a new position in Invesco BulletShares 2026 Municipal Bond ETF during the 4th quarter worth about $212,000.

Invesco BulletShares 2026 Municipal Bond ETF Stock Up 0.4 %

Invesco BulletShares 2026 Municipal Bond ETF stock traded up $0.09 during midday trading on Friday, hitting $23.73. 20,723 shares of the company’s stock were exchanged, compared to its average volume of 44,927. Invesco BulletShares 2026 Municipal Bond ETF has a 12 month low of $22.81 and a 12 month high of $23.81. The firm has a 50-day moving average of $23.52 and a two-hundred day moving average of $23.56.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were issued a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a yield of 2.93%. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, July 22nd.

Invesco BulletShares 2026 Municipal Bond ETF 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.