Sax Wealth Advisors LLC Invests $645,000 in Invesco BulletShares 2032 Municipal Bond ETF $BSMW

Sax Wealth Advisors LLC acquired a new stake in shares of Invesco BulletShares 2032 Municipal Bond ETF (NASDAQ:BSMW) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,938 shares of the company’s stock, valued at approximately $645,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Harbour Investments Inc. grew its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 3.4% in the 4th quarter. Harbour Investments Inc. now owns 12,036 shares of the company’s stock valued at $302,000 after buying an additional 398 shares in the last quarter. Envision Financial Planning LLC increased its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 0.7% during the 4th quarter. Envision Financial Planning LLC now owns 107,787 shares of the company’s stock worth $2,707,000 after purchasing an additional 779 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2032 Municipal Bond ETF by 8.6% during the 4th quarter. Royal Bank of Canada now owns 12,484 shares of the company’s stock valued at $313,000 after purchasing an additional 991 shares in the last quarter. Clark Asset Management LLC lifted its stake in shares of Invesco BulletShares 2032 Municipal Bond ETF by 3.7% in the 4th quarter. Clark Asset Management LLC now owns 47,192 shares of the company’s stock valued at $1,185,000 after purchasing an additional 1,677 shares during the last quarter. Finally, Equitable Holdings Inc. increased its position in Invesco BulletShares 2032 Municipal Bond ETF by 4.7% during the third quarter. Equitable Holdings Inc. now owns 42,059 shares of the company’s stock worth $1,050,000 after buying an additional 1,893 shares during the last quarter.

Invesco BulletShares 2032 Municipal Bond ETF Trading Down 0.0%

BSMW opened at $24.85 on Tuesday. The stock has a 50-day moving average of $24.98 and a 200-day moving average of $25.09. Invesco BulletShares 2032 Municipal Bond ETF has a 52-week low of $24.32 and a 52-week high of $25.57.

Invesco BulletShares 2032 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.0729 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 3.5%. This is a boost from Invesco BulletShares 2032 Municipal Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2032 Municipal Bond ETF

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) 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 2032. BSMW was launched on Mar 1, 2023 and is managed by Invesco.