UBS Group AG Raises Stake in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

UBS Group AG grew its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) by 37.3% in the fourth quarter, Holdings Channel reports. The firm owned 228,987 shares of the company’s stock after acquiring an additional 62,253 shares during the period. UBS Group AG’s holdings in Invesco BulletShares 2030 Municipal Bond ETF were worth $5,043,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BSMU. Royal Bank of Canada boosted its stake in shares of Invesco BulletShares 2030 Municipal Bond ETF by 10.0% during the first quarter. Royal Bank of Canada now owns 13,949 shares of the company’s stock valued at $301,000 after purchasing an additional 1,265 shares during the period. NewEdge Advisors LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter worth about $56,000. Jones Financial Companies Lllp lifted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 104.5% in the first quarter. Jones Financial Companies Lllp now owns 9,463 shares of the company’s stock worth $223,000 after acquiring an additional 4,836 shares during the period. Jane Street Group LLC lifted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 134.5% in the first quarter. Jane Street Group LLC now owns 215,298 shares of the company’s stock worth $4,646,000 after acquiring an additional 123,496 shares during the period. Finally, Invesco Ltd. lifted its stake in Invesco BulletShares 2030 Municipal Bond ETF by 1.4% in the second quarter. Invesco Ltd. now owns 159,854 shares of the company’s stock worth $3,437,000 after acquiring an additional 2,218 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Stock Down 0.0%

NASDAQ:BSMU opened at $21.75 on Friday. Invesco BulletShares 2030 Municipal Bond ETF has a 1-year low of $21.24 and a 1-year high of $22.31. The company has a 50-day moving average of $21.91 and a 200 day moving average of $22.04.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 18th will be paid a $0.0531 dividend. This represents a c) dividend on an annualized basis and a yield of 2.9%. This is a boost from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Monday, May 18th.

About Invesco BulletShares 2030 Municipal Bond ETF

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) 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 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.