CGN Advisors LLC Trims Stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

CGN Advisors LLC lessened its holdings in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) by 4.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 58,433 shares of the company’s stock after selling 2,938 shares during the period. CGN Advisors LLC owned 1.36% of Invesco BulletShares 2031 Municipal Bond ETF worth $1,223,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC bought a new position in Invesco BulletShares 2031 Municipal Bond ETF in the 3rd quarter worth about $1,278,000. MONECO Advisors LLC bought a new position in shares of Invesco BulletShares 2031 Municipal Bond ETF in the third quarter worth approximately $513,000. Precedent Wealth Partners LLC increased its position in shares of Invesco BulletShares 2031 Municipal Bond ETF by 23.3% in the third quarter. Precedent Wealth Partners LLC now owns 71,031 shares of the company’s stock worth $1,513,000 after purchasing an additional 13,419 shares during the last quarter. Avior Wealth Management LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the third quarter valued at approximately $245,000. Finally, Global Financial Private Client LLC bought a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter valued at approximately $129,000.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

Shares of NASDAQ:BSMV opened at $20.88 on Friday. The company’s fifty day moving average price is $21.05 and its 200-day moving average price is $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 company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.05 per share. 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.