Raymond James Financial Inc. Invests $2.09 Million in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Raymond James Financial Inc. purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 99,907 shares of the company’s stock, valued at approximately $2,091,000.

Several other large investors have also bought and sold shares of BSMV. Principal Securities Inc. acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter worth approximately $99,000. Stifel Financial Corp lifted its position in shares of 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 purchasing an additional 6,049 shares in the last quarter. Hobbs Group Advisors LLC grew its holdings 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 in the last quarter. Sterling Financial Group Inc. boosted its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 1.1% in the 4th quarter. Sterling Financial Group Inc. now owns 47,940 shares of the company’s stock worth $1,003,000 after buying an additional 500 shares during the last quarter. Finally, Jacobi Capital Management LLC increased its stake in shares of Invesco BulletShares 2031 Municipal Bond ETF by 6.0% during the 4th quarter. Jacobi Capital Management LLC now owns 12,348 shares of the company’s stock worth $258,000 after purchasing an additional 700 shares during the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Trading Up 0.4 %

BSMV opened at $20.65 on Monday. The firm has a 50-day moving average price of $20.92 and a 200-day moving average price of $21.04. Invesco BulletShares 2031 Municipal Bond ETF has a twelve month low of $20.55 and a twelve month high of $21.47.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.0524 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco BulletShares 2031 Municipal Bond ETF’s previous dividend of $0.05.

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.