Focus Financial Network Inc. Has $1.86 Million Stock Position in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Focus Financial Network Inc. decreased its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,665 shares of the company’s stock after selling 1,103 shares during the quarter. Focus Financial Network Inc. owned 0.96% of Invesco BulletShares 2024 Municipal Bond ETF worth $1,855,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BSMO. First Command Advisory Services Inc. purchased a new stake in Invesco BulletShares 2024 Municipal Bond ETF in the 1st quarter valued at $55,000. Parallel Advisors LLC bought a new position in Invesco BulletShares 2024 Municipal Bond ETF in the 4th quarter worth about $75,000. Advisory Services Network LLC bought a new position in Invesco BulletShares 2024 Municipal Bond ETF in the 4th quarter worth about $187,000. Diversify Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 2nd quarter valued at about $200,000. Finally, CRA Financial Services LLC purchased a new stake in shares of Invesco BulletShares 2024 Municipal Bond ETF in the 2nd quarter valued at about $223,000.

Invesco BulletShares 2024 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSMO remained flat at $24.79 during trading hours on Wednesday. The company had a trading volume of 7,705 shares, compared to its average volume of 38,366. Invesco BulletShares 2024 Municipal Bond ETF has a 52 week low of $24.54 and a 52 week high of $24.98. The business’s 50-day moving average is $24.83 and its 200-day moving average is $24.80.

Invesco BulletShares 2024 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 23rd. Investors of record on Monday, August 19th will be issued a dividend of $0.051 per share. The ex-dividend date is Monday, August 19th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.47%.

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.