Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC cut its stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 265,529 shares of the company’s stock after selling 16,959 shares during the quarter. Confluence Investment Management LLC owned approximately 7.38% of Invesco BulletShares 2031 Municipal Bond ETF worth $5,657,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of BSMV. First Command Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 82.2% in the 2nd 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. Hobbs Group Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the second quarter worth about $152,000. Bill Few Associates Inc. acquired a new stake in shares of Invesco BulletShares 2031 Municipal Bond ETF during the 2nd quarter valued at about $201,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 22.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,627 shares of the company’s stock valued at $223,000 after purchasing an additional 1,982 shares in the last quarter. Finally, Asset Dedication LLC raised its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 14.5% in the 2nd quarter. Asset Dedication LLC now owns 12,445 shares of the company’s stock worth $261,000 after purchasing an additional 1,577 shares during the period.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.7 %

Shares of BSMV stock opened at $21.10 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $20.28 and a 12-month high of $21.73. The business’s 50 day moving average is $21.19 and its two-hundred day moving average is $21.12.

Invesco BulletShares 2031 Municipal Bond ETF Company 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.