Addison Advisors LLC Decreases Position in Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO)

Addison Advisors LLC trimmed its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF (NASDAQ:BSMO) by 32.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,585 shares of the company’s stock after selling 2,645 shares during the period. Addison Advisors LLC’s holdings in Invesco BulletShares 2024 Municipal Bond ETF were worth $139,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of BSMO. Key Financial Inc lifted its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 16.4% in the 4th quarter. Key Financial Inc now owns 70,865 shares of the company’s stock valued at $1,766,000 after acquiring an additional 10,000 shares during the last quarter. StrategIQ Financial Group LLC boosted its stake in shares of Invesco BulletShares 2024 Municipal Bond ETF by 25.6% during the fourth quarter. StrategIQ Financial Group LLC now owns 10,300 shares of the company’s stock valued at $257,000 after purchasing an additional 2,100 shares during the period. Webster Bank N. A. grew its holdings in shares of Invesco BulletShares 2024 Municipal Bond ETF by 3.5% in the fourth quarter. Webster Bank N. A. now owns 33,415 shares of the company’s stock worth $833,000 after purchasing an additional 1,120 shares during the last quarter. Foundry Financial Group Inc. purchased a new position in shares of Invesco BulletShares 2024 Municipal Bond ETF in the fourth quarter worth $401,000. Finally, Secure Asset Management LLC bought a new stake in Invesco BulletShares 2024 Municipal Bond ETF during the 4th quarter valued at $609,000.

Invesco BulletShares 2024 Municipal Bond ETF Trading Down 0.1 %

BSMO traded down $0.01 during trading on Friday, hitting $24.79. 14,960 shares of the stock traded hands, compared to its average volume of 47,582. 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 200 day moving average of $24.79.

Invesco BulletShares 2024 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were issued a dividend of $0.0551 per share. The ex-dividend date was Monday, April 22nd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.67%.

About Invesco BulletShares 2024 Municipal Bond ETF

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.