Sterling Financial Group Inc. Raises Position in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW)

Sterling Financial Group Inc. raised its position in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 35.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 80,544 shares of the company’s stock after buying an additional 20,933 shares during the period. Invesco BulletShares 2032 Municipal Bond ETF comprises about 0.8% of Sterling Financial Group Inc.’s portfolio, making the stock its 21st largest holding. Sterling Financial Group Inc. owned approximately 2.18% of Invesco BulletShares 2032 Municipal Bond ETF worth $2,021,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Global Financial Private Client LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the fourth quarter worth $99,000. Confluence Investment Management LLC boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 3.5% during the fourth quarter. Confluence Investment Management LLC now owns 12,184 shares of the company’s stock worth $306,000 after acquiring an additional 416 shares during the last quarter. Hobbs Group Advisors LLC grew its stake in Invesco BulletShares 2032 Municipal Bond ETF by 28.2% during the 3rd quarter. Hobbs Group Advisors LLC now owns 7,779 shares of the company’s stock valued at $199,000 after acquiring an additional 1,713 shares in the last quarter. HighTower Advisors LLC acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 3rd quarter valued at about $733,000. Finally, Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2032 Municipal Bond ETF by 42.6% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 159,528 shares of the company’s stock valued at $4,089,000 after acquiring an additional 47,665 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

BSMW opened at $24.86 on Friday. The company’s 50 day simple moving average is $25.23 and its two-hundred day simple moving average is $25.36. Invesco BulletShares 2032 Municipal Bond ETF has a 1-year low of $24.73 and a 1-year high of $26.02.

Invesco BulletShares 2032 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.069 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco BulletShares 2032 Municipal Bond ETF Profile

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.