Confluence Investment Management LLC Trims Holdings in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ)

Confluence Investment Management LLC cut its holdings in Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) by 5.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 220,159 shares of the company’s stock after selling 13,679 shares during the period. Confluence Investment Management LLC’s holdings in Invesco BulletShares 2026 Municipal Bond ETF were worth $5,227,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new stake in Invesco BulletShares 2026 Municipal Bond ETF in the 2nd quarter worth about $62,000. Hills Bank & Trust Co acquired a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF in the third quarter worth approximately $121,000. Comerica Bank grew its holdings in Invesco BulletShares 2026 Municipal Bond ETF by 1,076.1% in the first quarter. Comerica Bank now owns 8,468 shares of the company’s stock valued at $200,000 after purchasing an additional 7,748 shares during the period. Foundry Financial Group Inc. acquired a new position in Invesco BulletShares 2026 Municipal Bond ETF during the third quarter worth approximately $202,000. Finally, Voisard Asset Management Group Inc. raised its stake in Invesco BulletShares 2026 Municipal Bond ETF by 273.8% during the second quarter. Voisard Asset Management Group Inc. now owns 10,465 shares of the company’s stock worth $246,000 after purchasing an additional 7,665 shares during the period.

Invesco BulletShares 2026 Municipal Bond ETF Trading Up 0.2 %

Shares of BSMQ opened at $23.64 on Friday. Invesco BulletShares 2026 Municipal Bond ETF has a fifty-two week low of $23.13 and a fifty-two week high of $23.81. The company’s fifty day moving average is $23.64 and its two-hundred day moving average is $23.57.

Invesco BulletShares 2026 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a $0.055 dividend. The ex-dividend date was Monday, October 21st. This represents a $0.66 dividend on an annualized basis and a yield of 2.79%. This is a boost from Invesco BulletShares 2026 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2026 Municipal Bond ETF Company Profile

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.