Foundry Financial Group Inc. Decreases Stock Holdings in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Foundry Financial Group Inc. decreased its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 17.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,100 shares of the company’s stock after selling 1,690 shares during the quarter. Foundry Financial Group Inc.’s holdings in Invesco BulletShares 2024 Municipal Bond ETF were worth $201,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BSMO. First Command Advisory Services Inc. purchased a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the first quarter valued at $55,000. Addison Advisors LLC raised its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 13.8% in the second quarter. Addison Advisors LLC now owns 6,570 shares of the company’s stock valued at $163,000 after acquiring an additional 795 shares during the period. Diversify Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the second quarter valued at $200,000. CRA Financial Services LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the second quarter valued at $223,000. Finally, Hills Bank & Trust Co purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the second quarter valued at $325,000.

Invesco BulletShares 2024 Municipal Bond ETF Trading Down 0.1 %

Shares of BSMO traded down $0.02 during midday trading on Wednesday, hitting $24.80. The stock had a trading volume of 16,218 shares, compared to its average volume of 37,639. Invesco BulletShares 2024 Municipal Bond ETF has a 1 year low of $24.54 and a 1 year high of $24.98. The stock’s 50 day moving average is $24.84 and its 200 day moving average is $24.82.

Invesco BulletShares 2024 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 21st will be paid a $0.057 dividend. The ex-dividend date of this dividend is Monday, October 21st. This represents a $0.68 annualized dividend and a dividend yield of 2.76%. This is an increase from Invesco BulletShares 2024 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

The Invesco BulletShares 2024 Municipal Bond ETF (BSMO) 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 2024. BSMO was launched on Sep 25, 2019 and is managed by Invesco.