Asset Dedication LLC purchased a new stake in shares of Invesco BulletShares 2029 Municipal Bond ETF (NASDAQ:BSMT – Free Report) during the third quarter, Holdings Channel.com reports. The fund purchased 89,623 shares of the company’s stock, valued at approximately $1,995,000.
Several other large investors have also recently modified their holdings of the stock. Kestra Advisory Services LLC raised its stake in shares of Invesco BulletShares 2029 Municipal Bond ETF by 12.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 98,967 shares of the company’s stock valued at $2,203,000 after buying an additional 11,343 shares during the last quarter. Paulson Wealth Management Inc. increased its holdings in Invesco BulletShares 2029 Municipal Bond ETF by 7.1% in the 3rd quarter. Paulson Wealth Management Inc. now owns 60,849 shares of the company’s stock valued at $1,355,000 after buying an additional 4,046 shares during the period. Commonwealth Equity Services LLC acquired a new position in Invesco BulletShares 2029 Municipal Bond ETF during the 3rd quarter worth approximately $2,519,000. Landaas & Co. WI ADV bought a new position in Invesco BulletShares 2029 Municipal Bond ETF in the third quarter valued at about $307,000. Finally, Foundry Financial Group Inc. grew its position in shares of Invesco BulletShares 2029 Municipal Bond ETF by 13.5% during the 3rd quarter. Foundry Financial Group Inc. now owns 11,107 shares of the company’s stock valued at $247,000 after acquiring an additional 1,320 shares during the period.
Invesco BulletShares 2029 Municipal Bond ETF Price Performance
Shares of BSMT stock opened at $22.84 on Friday. Invesco BulletShares 2029 Municipal Bond ETF has a 1 year low of $22.03 and a 1 year high of $23.41. The firm has a fifty day moving average price of $22.55 and a 200-day moving average price of $22.97.
Invesco BulletShares 2029 Municipal Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a $0.0553 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, October 19th. This is a positive change from Invesco BulletShares 2029 Municipal Bond ETF’s previous monthly dividend of $0.0519.
About Invesco BulletShares 2029 Municipal Bond ETF
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.
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