Clark Asset Management LLC Raises Position in Invesco BulletShares 2029 Municipal Bond ETF $BSMT

Clark Asset Management LLC lifted its stake in Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT) by 8.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 38,190 shares of the company’s stock after acquiring an additional 2,896 shares during the quarter. Clark Asset Management LLC’s holdings in Invesco BulletShares 2029 Municipal Bond ETF were worth $867,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF in the second quarter worth about $206,000. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 22.1% in the first quarter. LPL Financial LLC now owns 213,416 shares of the company’s stock worth $4,853,000 after buying an additional 38,654 shares during the period. Invesco Ltd. boosted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 13.0% in the first quarter. Invesco Ltd. now owns 211,426 shares of the company’s stock worth $4,808,000 after buying an additional 24,308 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 23.0% in the first quarter. Envestnet Asset Management Inc. now owns 113,277 shares of the company’s stock worth $2,576,000 after buying an additional 21,198 shares during the period. Finally, Signaturefd LLC purchased a new position in Invesco BulletShares 2029 Municipal Bond ETF in the first quarter valued at about $486,000.

Invesco BulletShares 2029 Municipal Bond ETF Price Performance

Shares of BSMT opened at $23.05 on Tuesday. Invesco BulletShares 2029 Municipal Bond ETF has a one year low of $21.87 and a one year high of $23.45. The stock has a 50-day moving average price of $23.07 and a 200 day moving average price of $22.80.

Invesco BulletShares 2029 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were issued a $0.0514 dividend. The ex-dividend date of this dividend was Monday, October 20th. This represents a c) dividend on an annualized basis and a yield of 2.7%.

Invesco BulletShares 2029 Municipal Bond ETF Company Profile

The Invesco BulletShares 2029 Municipal Bond ETF (BSMT) 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 2029. BSMT was launched on Sep 25, 2019 and is managed by Invesco.