Captrust Financial Advisors Trims Stock Position in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Captrust Financial Advisors lessened its stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 34.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 19,277 shares of the company’s stock after selling 9,961 shares during the period. Captrust Financial Advisors’ holdings in Invesco BulletShares 2031 Municipal Bond ETF were worth $411,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. First Command Advisory Services Inc. lifted its holdings in 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 acquiring an additional 1,754 shares during the period. Hobbs Group Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the 2nd quarter valued at $152,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 22.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock worth $223,000 after buying an additional 1,982 shares in the last quarter. Avior Wealth Management LLC acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the third quarter valued at $245,000. Finally, Asset Dedication LLC increased its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 14.5% in the second quarter. Asset Dedication LLC now owns 12,445 shares of the company’s stock valued at $261,000 after buying an additional 1,577 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

BSMV stock opened at $21.11 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 52-week low of $20.69 and a 52-week high of $21.73. The company’s 50-day simple moving average is $21.13 and its 200-day simple moving average is $21.14.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a $0.0545 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Invesco BulletShares 2031 Municipal Bond ETF Profile

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.