Confluence Investment Management’s Invesco BulletShares 2027 Municipal Bond ETF BSMR Stock Holding History

Confluence Investment Management’s Portfolio BSMR Stock Details BSMR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-243,914	Closed	-$5.77M	–	288
2025 Q4	$5.77M	Sell	243,914 -7,939	-3%	-$188K	0.09%	121
2025 Q3	$5.96M	Sell	251,853 -13,305	-5%	-$314K	0.09%	122
2025 Q2	$6.22M	Sell	265,158 -8,829	-3%	-$206K	0.09%	125
2025 Q1	$6.45M	Buy	273,987 +33,478	+14%	+$792K	0.09%	125
2024 Q4	$5.68M	Sell	240,509 -2,940	-1%	-$69.7K	0.08%	126
2024 Q3	$5.77M	Sell	243,449 -14,961	-6%	-$354K	0.08%	130
2024 Q2	$6.07M	Sell	258,410 -1,158	-0.4%	-$27.2K	0.09%	125
2024 Q1	$6.14M	Sell	259,568 -1,017	-0.4%	-$24.2K	0.08%	120
2023 Q4	$6.23M	Sell	260,585 -2,702	-1%	-$62.8K	0.09%	126
2023 Q3	$6.03M	Sell	263,287 -1,773	-0.7%	-$41.5K	0.09%	123
2023 Q2	$6.26M	Sell	265,060 -6,254	-2%	-$148K	0.09%	121
2023 Q1	$6.48M	Buy	271,314 +2,731	+1%	+$64.9K	0.1%	121
2022 Q4	$6.32M	Buy	+268,583	New	+$6.23M	0.09%	126

Other funds holding BSMR

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

FSAG

Financial Solutions Advisory Group Chicago, Illinois $791M AUM

KFI

Key Financial Inc West Chester, Pennsylvania $611M AUM 21.11% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $103B AUM 28.65% 1-Year Est. Return

Confluence Investment Management's BSMR Position: Q1 2026 in Review

Confluence Investment Management sold out of Invesco BulletShares 2027 Municipal Bond ETF (BSMR) in Q1 2026, closing a stake of 243,914 shares — an estimated $5.77M sold.

Confluence Investment Management first reported a position in BSMR in Q4 2022 and held it in 13 quarters. The position peaked at $6.48M in Q1 2023. 142 funds tracked by Wall St. Rank hold BSMR as of Q1 2026.

Confluence Investment Management reported no remaining Invesco BulletShares 2027 Municipal Bond ETF position as of Q1 2026 after selling out during the quarter.
Confluence Investment Management sold 243,914 Invesco BulletShares 2027 Municipal Bond ETF shares in Q1 2026, an estimated $5.77M.
Confluence Investment Management first reported a position in Invesco BulletShares 2027 Municipal Bond ETF in Q4 2022 and held it in 13 quarters.
Confluence Investment Management's Invesco BulletShares 2027 Municipal Bond ETF position peaked at $6.48M in Q1 2023.
142 funds tracked by Wall St. Rank held Invesco BulletShares 2027 Municipal Bond ETF as of Q1 2026.

Based on Confluence Investment Management's 13F filing for Q1 2026, filed 1 Apr 2026.