Raymond James Financial Services Advisors Inc. Decreases Stake in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Raymond James Financial Services Advisors Inc. reduced its stake in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 11.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,160 shares of the company’s stock after selling 2,993 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.26% of Invesco BulletShares 2024 Municipal Bond ETF worth $577,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BSMO. Stonebridge Capital Advisors LLC purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 1st quarter valued at approximately $37,000. Harbour Investments Inc. purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 2nd quarter valued at approximately $70,000. CWM LLC raised its position in Invesco BulletShares 2024 Municipal Bond ETF by 142.2% during the 3rd quarter. CWM LLC now owns 3,258 shares of the company’s stock worth $80,000 after buying an additional 1,913 shares during the last quarter. Tyler Stone Wealth Management purchased a new position in Invesco BulletShares 2024 Municipal Bond ETF during the 2nd quarter worth approximately $95,000. Finally, Comerica Bank purchased a new position in Invesco BulletShares 2024 Municipal Bond ETF during the 3rd quarter worth approximately $136,000.

Invesco BulletShares 2024 Municipal Bond ETF Price Performance

BSMO opened at $24.86 on Friday. Invesco BulletShares 2024 Municipal Bond ETF has a 12-month low of $24.54 and a 12-month high of $24.98. The firm has a 50 day moving average of $24.78 and a two-hundred day moving average of $24.79.

Invesco BulletShares 2024 Municipal Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a dividend of $0.0537 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Monday, March 18th.

Invesco BulletShares 2024 Municipal Bond ETF Company Profile

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.