Northwestern Mutual Wealth Management Co. Increases Stake in Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 90.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,570 shares of the company’s stock after purchasing an additional 27,301 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.93% of Invesco BulletShares 2032 Municipal Bond ETF worth $1,446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. IFG Advisory LLC grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 58.3% in the fourth quarter. IFG Advisory LLC now owns 15,121 shares of the company’s stock valued at $380,000 after purchasing an additional 5,571 shares in the last quarter. Key Financial Inc grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 10.3% in the fourth quarter. Key Financial Inc now owns 38,708 shares of the company’s stock valued at $972,000 after purchasing an additional 3,600 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 3.4% in the fourth quarter. Harbour Investments Inc. now owns 12,036 shares of the company’s stock valued at $302,000 after purchasing an additional 398 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 65.5% in the fourth quarter. HighTower Advisors LLC now owns 54,628 shares of the company’s stock valued at $1,372,000 after purchasing an additional 21,622 shares in the last quarter. Finally, Hills Bank & Trust Co grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 235.1% in the fourth quarter. Hills Bank & Trust Co now owns 109,974 shares of the company’s stock valued at $2,761,000 after purchasing an additional 77,157 shares in the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

BSMW stock opened at $25.09 on Friday. The firm has a fifty day moving average price of $24.99 and a 200 day moving average price of $25.15. Invesco BulletShares 2032 Municipal Bond ETF has a fifty-two week low of $24.15 and a fifty-two week high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.062 dividend. The ex-dividend date of this dividend was Monday, May 18th.

Invesco BulletShares 2032 Municipal Bond ETF Company 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.