Northwestern Mutual Wealth Management Co. Buys 1,982 Shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 22.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 10,627 shares of the company’s stock after acquiring an additional 1,982 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco BulletShares 2031 Municipal Bond ETF were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Command Advisory Services Inc. raised its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 82.2% in the second quarter. First Command Advisory Services Inc. now owns 3,887 shares of the company’s stock valued at $81,000 after purchasing an additional 1,754 shares during the period. Asset Dedication LLC raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 14.5% during the 2nd quarter. Asset Dedication LLC now owns 12,445 shares of the company’s stock valued at $261,000 after acquiring an additional 1,577 shares during the period. Confluence Investment Management LLC purchased a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF during the first quarter worth $6,089,000. Hobbs Group Advisors LLC bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the second quarter worth $152,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 6.8% in the second quarter. Commonwealth Equity Services LLC now owns 29,501 shares of the company’s stock valued at $618,000 after purchasing an additional 1,870 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Shares of BSMV opened at $21.23 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 52-week low of $19.68 and a 52-week high of $21.73. The stock’s 50-day simple moving average is $21.25 and its 200 day simple moving average is $21.13.

About Invesco BulletShares 2031 Municipal Bond ETF

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) 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 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.