Kinetic Wealth Investment Advisors LLC Purchases New Holdings in Invesco BulletShares 2030 Municipal Bond ETF $BSMU

Kinetic Wealth Investment Advisors LLC purchased a new position in shares of Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) during the second quarter, Holdings Channel reports. The institutional investor purchased 53,773 shares of the company’s stock, valued at approximately $1,179,000. Invesco BulletShares 2030 Municipal Bond ETF comprises 0.6% of Kinetic Wealth Investment Advisors LLC’s holdings, making the stock its 27th biggest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Harbor Investment Advisory LLC purchased a new stake in Invesco BulletShares 2030 Municipal Bond ETF during the first quarter worth about $31,000. NewEdge Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF during the 1st quarter worth approximately $56,000. Ascentis Independent Advisors bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter worth approximately $140,000. Anchor Investment Management LLC bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter worth approximately $142,000. Finally, Gill Capital Partners LLC grew its holdings in Invesco BulletShares 2030 Municipal Bond ETF by 49.9% during the second quarter. Gill Capital Partners LLC now owns 5,920 shares of the company’s stock valued at $152,000 after purchasing an additional 1,970 shares during the period.

Invesco BulletShares 2030 Municipal Bond ETF Price Performance

NASDAQ:BSMU opened at $21.55 on Tuesday. The business has a fifty day simple moving average of $21.75 and a two-hundred day simple moving average of $21.88. Invesco BulletShares 2030 Municipal Bond ETF has a 1 year low of $21.54 and a 1 year high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.0544 dividend. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 3.0%. This is a positive change from Invesco BulletShares 2030 Municipal Bond ETF’s previous monthly dividend of $0.05.

Invesco BulletShares 2030 Municipal Bond ETF Company Profile

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.