Precedent Wealth Partners LLC Purchases 26,411 Shares of Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Precedent Wealth Partners LLC lifted its position in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) by 15.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 199,572 shares of the company’s stock after buying an additional 26,411 shares during the period. Precedent Wealth Partners LLC’s holdings in Invesco BulletShares 2032 Municipal Bond ETF were worth $4,712,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of BSMW. Bank of America Corp DE grew its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 46.2% during the first quarter. Bank of America Corp DE now owns 198,668 shares of the company’s stock worth $4,938,000 after buying an additional 62,739 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in Invesco BulletShares 2032 Municipal Bond ETF by 2,056.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 537,829 shares of the company’s stock valued at $13,521,000 after buying an additional 512,884 shares during the last quarter. Camelot Portfolios LLC acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at approximately $1,646,000. Baird Financial Group Inc. acquired a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at approximately $21,239,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in Invesco BulletShares 2032 Municipal Bond ETF in the 2nd quarter valued at approximately $3,854,000.

Invesco BulletShares 2032 Municipal Bond ETF Stock Performance

NASDAQ BSMW opened at $24.14 on Friday. Invesco BulletShares 2032 Municipal Bond ETF has a 52 week low of $23.36 and a 52 week high of $25.57. The stock’s 50 day moving average price is $24.15 and its two-hundred day moving average price is $24.69.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Monday, October 19th will be paid a dividend of $0.0685 per share. The ex-dividend date of this dividend is Monday, October 19th. This represents a $0.82 annualized dividend and a dividend yield of 3.4%. This is an increase from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.0672.

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.