Sequoia Financial Advisors LLC Increases Position in Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Sequoia Financial Advisors LLC raised its position in Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 2,056.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 537,829 shares of the company’s stock after acquiring an additional 512,884 shares during the period. Sequoia Financial Advisors LLC owned approximately 6.25% of Invesco BulletShares 2032 Municipal Bond ETF worth $13,521,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Baird Financial Group Inc. acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF during the 2nd quarter worth approximately $21,239,000. Gill Capital Partners LLC boosted its position in Invesco BulletShares 2032 Municipal Bond ETF by 60,816.7% during the second quarter. Gill Capital Partners LLC now owns 572,617 shares of the company’s stock worth $14,396,000 after acquiring an additional 571,677 shares during the last quarter. Straight Path Wealth Management purchased a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at $4,602,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at approximately $3,854,000. Finally, Invesco Ltd. lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 128.6% in the 4th quarter. Invesco Ltd. now owns 172,080 shares of the company’s stock valued at $4,321,000 after purchasing an additional 96,820 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Price Performance

Invesco BulletShares 2032 Municipal Bond ETF stock opened at $24.14 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 1 year low of $24.10 and a 1 year high of $25.57. The company’s 50 day simple moving average is $24.76 and its 200-day simple moving average is $24.96.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.0735 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, August 24th. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

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.