Hobbs Group Advisors LLC Trims Position in Invesco BulletShares 2026 Municipal Bond ETF $BSMQ

Hobbs Group Advisors LLC cut its holdings in shares of Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ:BSMQ) by 47.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 19,097 shares of the company’s stock after selling 17,232 shares during the quarter. Hobbs Group Advisors LLC’s holdings in Invesco BulletShares 2026 Municipal Bond ETF were worth $450,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $38,000. Anchor Investment Management LLC purchased a new position in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $71,000. Larson Financial Group LLC bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $126,000. Northeast Planning Associates INC. NH bought a new stake in shares of Invesco BulletShares 2026 Municipal Bond ETF during the first quarter valued at approximately $231,000. Finally, Koss Olinger Consulting LLC boosted its position in shares of Invesco BulletShares 2026 Municipal Bond ETF by 6.0% during the first quarter. Koss Olinger Consulting LLC now owns 10,798 shares of the company’s stock valued at $255,000 after purchasing an additional 612 shares in the last quarter.

Invesco BulletShares 2026 Municipal Bond ETF Stock Performance

NASDAQ BSMQ opened at $23.65 on Friday. Invesco BulletShares 2026 Municipal Bond ETF has a twelve month low of $23.04 and a twelve month high of $23.85. The stock’s 50 day moving average is $23.59 and its 200 day moving average is $23.52.

Invesco BulletShares 2026 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a dividend of $0.0531 per share. The ex-dividend date was Monday, September 22nd. This represents a c) annualized dividend and a dividend yield of 2.7%.

About Invesco BulletShares 2026 Municipal Bond ETF

The Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) 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 2026. BSMQ was launched on Sep 25, 2019 and is managed by Invesco.