Northwestern Mutual Wealth Management Co. Acquires 55,479 Shares of Invesco BulletShares 2031 Municipal Bond ETF $BSMV

Northwestern Mutual Wealth Management Co. grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 109.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,137 shares of the company’s stock after acquiring an additional 55,479 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.34% of Invesco BulletShares 2031 Municipal Bond ETF worth $2,243,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of BSMV. NewEdge Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the first quarter valued at $54,000. JPMorgan Chase & Co. acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the third quarter valued at $56,000. Harbour Investments Inc. raised its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 5.2% in the fourth quarter. Harbour Investments Inc. now owns 9,517 shares of the company’s stock valued at $201,000 after purchasing an additional 472 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the third quarter valued at $210,000. Finally, Jones Financial Companies Lllp raised its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 78.3% in the third quarter. Jones Financial Companies Lllp now owns 11,120 shares of the company’s stock valued at $233,000 after purchasing an additional 4,883 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMV opened at $21.03 on Friday. The business has a fifty day simple moving average of $20.96 and a 200 day simple moving average of $21.13. Invesco BulletShares 2031 Municipal Bond ETF has a one year low of $20.38 and a one year high of $21.53.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.0529 per share. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, May 18th.

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.