Sterling Financial Group Inc. Increases Holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Sterling Financial Group Inc. lifted its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,940 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Sterling Financial Group Inc. owned 1.11% of Invesco BulletShares 2031 Municipal Bond ETF worth $1,003,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Global Financial Private Client LLC purchased a new position in Invesco BulletShares 2031 Municipal Bond ETF during the 4th quarter valued at about $129,000. Hobbs Group Advisors LLC boosted its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 64.4% in the third quarter. Hobbs Group Advisors LLC now owns 11,888 shares of the company’s stock valued at $253,000 after acquiring an additional 4,655 shares during the period. Stifel Financial Corp grew its stake in Invesco BulletShares 2031 Municipal Bond ETF by 56.5% during the third quarter. Stifel Financial Corp now owns 16,747 shares of the company’s stock valued at $357,000 after acquiring an additional 6,049 shares in the last quarter. HighTower Advisors LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the 3rd quarter worth approximately $1,278,000. Finally, Avior Wealth Management LLC purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter worth approximately $245,000.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMV opened at $20.80 on Friday. The firm has a fifty day moving average price of $21.05 and a two-hundred day moving average price of $21.13. Invesco BulletShares 2031 Municipal Bond ETF has a one year low of $20.69 and a one year high of $21.69.

Invesco BulletShares 2031 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco BulletShares 2031 Municipal Bond ETF

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.