CGN Advisors LLC Sells 2,938 Shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

CGN Advisors LLC decreased its holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 4.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 58,433 shares of the company’s stock after selling 2,938 shares during the period. CGN Advisors LLC’s holdings in Invesco BulletShares 2031 Municipal Bond ETF were worth $1,223,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sterling Financial Group Inc. boosted its position in Invesco BulletShares 2031 Municipal Bond ETF by 1.1% during the fourth quarter. Sterling Financial Group Inc. now owns 47,940 shares of the company’s stock valued at $1,003,000 after buying an additional 500 shares during the period. Global Financial Private Client LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter valued at about $129,000. Hobbs Group Advisors LLC grew its position in Invesco BulletShares 2031 Municipal Bond ETF by 64.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 11,888 shares of the company’s stock worth $253,000 after acquiring an additional 4,655 shares during the last quarter. Stifel Financial Corp increased its stake in Invesco BulletShares 2031 Municipal Bond ETF by 56.5% in the 3rd quarter. Stifel Financial Corp now owns 16,747 shares of the company’s stock worth $357,000 after purchasing an additional 6,049 shares during the period. Finally, HighTower Advisors LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the third quarter valued at approximately $1,278,000.

Invesco BulletShares 2031 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2031 Municipal Bond ETF stock opened at $20.88 on Friday. Invesco BulletShares 2031 Municipal Bond ETF has a 52-week low of $20.69 and a 52-week high of $21.69. The company’s 50 day moving average price is $21.05 and its 200-day moving average price is $21.13.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.05 dividend. The ex-dividend date was Monday, December 23rd.

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.