Webster Bank N. A. Trims Stock Holdings in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Webster Bank N. A. cut its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 1.8% during the first quarter, HoldingsChannel.com reports. The fund owned 32,810 shares of the company’s stock after selling 605 shares during the quarter. Webster Bank N. A.’s holdings in Invesco BulletShares 2024 Municipal Bond ETF were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of BSMO. Atlantic Union Bankshares Corp increased its position in Invesco BulletShares 2024 Municipal Bond ETF by 6.0% in the 1st quarter. Atlantic Union Bankshares Corp now owns 64,297 shares of the company’s stock valued at $1,593,000 after acquiring an additional 3,612 shares during the period. BCS Wealth Management increased its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 11.7% in the first quarter. BCS Wealth Management now owns 9,644 shares of the company’s stock valued at $239,000 after purchasing an additional 1,009 shares during the period. Confluence Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the first quarter worth approximately $3,531,000. Leo Wealth LLC acquired a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF during the fourth quarter worth $1,579,000. Finally, MONECO Advisors LLC purchased a new position in Invesco BulletShares 2024 Municipal Bond ETF in the 4th quarter valued at $226,000.

Invesco BulletShares 2024 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2024 Municipal Bond ETF stock opened at $24.82 on Friday. The firm has a fifty day moving average of $24.81 and a two-hundred day moving average of $24.81. Invesco BulletShares 2024 Municipal Bond ETF has a one year low of $24.54 and a one year high of $24.98.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a dividend of $0.0543 per share. The ex-dividend date was Monday, June 24th. This represents a $0.65 annualized dividend and a yield of 2.62%.

About Invesco BulletShares 2024 Municipal Bond ETF

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.